Short Interest in Fury Gold Mines Limited (NYSEAMERICAN:FURY) Decreases By 10.5%

Fury Gold Mines Limited (NYSEAMERICAN:FURY - Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 89,900 shares, a decrease of 10.5% from the November 30th total of 100,500 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily volume of 125,300 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Renaissance Technologies LLC lifted its stake in shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 71.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 202,997 shares of the company's stock after purchasing an additional 84,397 shares during the period. Renaissance Technologies LLC owned 0.13% of Fury Gold Mines worth $79,000 at the end of the most recent quarter. Institutional investors own 12.14% of the company's stock.

Fury Gold Mines Stock Up 2.7 %

Shares of FURY stock traded up $0.01 during trading on Wednesday, reaching $0.37. The company's stock had a trading volume of 155,149 shares, compared to its average volume of 140,607. Fury Gold Mines has a one year low of $0.31 and a one year high of $0.59. The firm has a market cap of $56.07 million, a PE ratio of -6.17 and a beta of 1.02.

Analyst Upgrades and Downgrades

Separately, HC Wainwright increased their price objective on Fury Gold Mines from $1.90 to $2.00 and gave the stock a "buy" rating in a report on Friday, October 25th.

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.