Page 4 - Deep Yellow News Today

Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 6,047,900 shares, a growth of 19.3% from the December 31st total of 5,071,600 shares. Based on an average daily volume of 484,400 shares, […]

FNArena's weekly update on short positions in the Australian share market

FNArena's weekly update on short positions in the Australian share market

Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide a summary of key activities completed in the December 2023 quarter.

Deep Yellow has made progress across its uranium exploration projects in Australia and Namibia.

The company was said to have cancelled the planned charm offensives by late Wednesday after it was shaken by a Street Talk request for comment.

DOE Issues RFP for $500M in HALEU Contracts

News that the world’s largest uranium miner is likely to miss its production targets has further fuelled a months-long advance in the price of the commodity.

In what has proven a difficult start to the year for stock pickers on the ASX, funds with big bets on the uranium sector are among the few early winners of 2024.

Deep Yellow (ASX: DYL) is benefiting from uranium hitting its highest price since 2011 and commitments by governments to increase nuclear power generating capacity.