Fury Gold Mines Limited (NYSEAMERICAN:FURY) Short Interest Update

Fury Gold Mines Limited (NYSEAMERICAN:FURY) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 124,800 shares, a decrease of 34.5% from the October 31st total of 190,400 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 133,300 shares, the short-interest ratio is presently 0.9 days.

Analyst Ratings Changes

Separately, HC Wainwright raised their price target on Fury Gold Mines from $1.90 to $2.00 and gave the company a “buy” rating in a report on Friday, October 25th.

Fury Gold Mines Stock Performance

Shares of FURY stock traded up $0.01 during trading on Friday, hitting $0.42. 31,507 shares of the company were exchanged, compared to its average volume of 119,660. Fury Gold Mines has a twelve month low of $0.31 and a twelve month high of $0.59.

Hedge Funds Weigh In On Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Renaissance Technologies LLC grew its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,997 shares of the company’s stock after purchasing an additional 84,397 shares during the period. Renaissance Technologies LLC owned about 0.13% of Fury Gold Mines worth $79,000 as of its most recent SEC filing. Institutional investors and hedge funds own 12.14% of the company’s stock.

About Fury Gold Mines

Fury Gold Mines Limited, together with its subsidiaries, engages in the gold exploration in Canada. Its principal projects include 100% owned Eau Claire property covering an area of approximately 24,000 hectares located in the Eeyou Istchee/James Bay Region of Quebec; ans Committee Bay gold project with approximately 250,000 hectares located in Nunavut, Canada.