Short Interest in Deep Yellow Limited (OTCMKTS:DYLLF) Declines By 38.7%

Key Points

• Deep Yellow Limited experienced a significant decline in short interest, with a decrease of 38.7% in July, bringing total short interest to 4,221,900 shares.
• The company's stock price fell 2.8% to $0.9235, with a twelve-month high of $1.20 and a low of $0.4457.
• Deep Yellow operates as a uranium exploration company in Namibia, holding interests in several key projects covering a total area of 1,685 square kilometers.

Deep Yellow Limited (OTCMKTS:DYLLF - Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 4,221,900 shares, adropof38.7% from the July 15th total of 6,892,200 shares. Based on an average daily volume of 182,800 shares, the days-to-cover ratio is presently 23.1 days. Currently,0.4% of the company's stock are sold short. Currently,0.4% of the company's stock are sold short. Based on an average daily volume of 182,800 shares, the days-to-cover ratio is presently 23.1 days.

Deep Yellow Stock Up 7.1%

Shares of OTCMKTS:DYLLF traded up $0.0662 during trading on Friday, reaching $0.9952. The stock had a trading volume of 105,052 shares, compared to its average volume of 78,208. The firm's 50-day simple moving average is $1.06 and its 200 day simple moving average is $0.83. Deep Yellow has a one year low of $0.4457 and a one year high of $1.20.

Deep Yellow Company Profile

Deep Yellow Limited, together with its subsidiaries, operates as a uranium exploration company in Namibia. The company holds a 100% interest in the Reptile project, which covers an area of 896 square kilometers (km2); 65% interest in the Nova Joint Venture covering an area of 599 km2; and 85% interest in the Yellow Dune Joint Venture covering an area of 190 km2.