Alexco Resource Corp. (AXU) Short Interest Down 12.6% in January

Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) was the target of a large decrease in short interest in the month of January. As of January 12th, there was short interest totalling 1,114,266 shares, a decrease of 12.6% from the December 29th total of 1,274,242 shares. Based on an average trading volume of 417,529 shares, the short-interest ratio is currently 2.7 days. Currently, 1.2% of the shares of the stock are sold short.

A number of institutional investors have recently bought and sold shares of AXU. Virtu KCG Holdings LLC increased its holdings in Alexco Resource by 92.3% during the 2nd quarter. Virtu KCG Holdings LLC now owns 137,109 shares of the mining company’s stock worth $181,000 after acquiring an additional 65,822 shares during the period. Ninepoint Partners LP bought a new position in shares of Alexco Resource in the 3rd quarter worth $462,000. Pathstone Family Office LLC increased its holdings in shares of Alexco Resource by 6.5% in the 3rd quarter. Pathstone Family Office LLC now owns 761,299 shares of the mining company’s stock worth $1,103,000 after buying an additional 46,780 shares during the last quarter. Global X MANAGEMENT CO LLC increased its holdings in shares of Alexco Resource by 8.0% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,157,094 shares of the mining company’s stock worth $1,675,000 after buying an additional 85,734 shares during the last quarter. Finally, ETF Managers Group LLC bought a new position in shares of Alexco Resource in the 2nd quarter worth $1,869,000.

Shares of Alexco Resource (NYSEAMERICAN:AXU) opened at $1.73 on Thursday. The firm has a market cap of $175.39, a P/E ratio of -28.83 and a beta of -0.46. Alexco Resource has a twelve month low of $1.10 and a twelve month high of $2.04.

Alexco Resource (NYSEAMERICAN:AXU) (TSE:AXR) last posted its earnings results on Thursday, November 2nd. The mining company reported ($0.02) earnings per share for the quarter. The firm had revenue of $3.02 million for the quarter. Alexco Resource had a negative return on equity of 8.84% and a negative net margin of 60.01%.

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Alexco Resource Company Profile

Alexco Resource Corp. (Alexco) operates two businesses: a mining business, consisting of mineral exploration and mine development and operation in Canada, located in Yukon Territory, and through its Alexco Environmental Group (AEG), an environmental services business, providing consulting, remediation solutions and project management services in respect of environmental permitting and compliance and site remediation, in Canada and the United States.

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