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 company’s shares are short sold. Based on an average daily volume of 133,300 shares, the short-interest ratio is currently 0.9 days.

Fury Gold Mines Price Performance

Shares of FURY stock opened at $0.42 on Friday. The firm has a market capitalization of $66.13 million, a P/E ratio of -6.93 and a beta of 1.02. Fury Gold Mines has a 52 week low of $0.31 and a 52 week high of $0.59.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Fury Gold Mines

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