Short Interest in Alexco Resource Corp. (AXU) Drops By 10.5%

Alexco Resource Corp. (NYSEAMERICAN:AXU) (TSE:AXR) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,366,765 shares, a decrease of 10.5% from the October 31st total of 1,526,993 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 181,558 shares, the days-to-cover ratio is currently 7.5 days.

Alexco Resource (NYSEAMERICAN:AXU) traded up $0.08 during mid-day trading on Monday, hitting $1.44. 517,818 shares of the stock traded hands, compared to its average volume of 335,885. Alexco Resource has a twelve month low of $1.10 and a twelve month high of $2.04.

Several hedge funds have recently bought and sold shares of AXU. KCG Holdings Inc. boosted its stake in shares of Alexco Resource by 61.9% during the 1st quarter. KCG Holdings Inc. now owns 71,287 shares of the mining company’s stock worth $109,000 after acquiring an additional 27,256 shares in the last quarter. Virtu KCG Holdings LLC boosted its stake in shares of 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 in the last quarter. Ninepoint Partners LP purchased a new stake in shares of Alexco Resource during the 3rd quarter worth about $462,000. Pathstone Family Office LLC boosted its stake in shares of Alexco Resource by 6.5% during the 3rd quarter. Pathstone Family Office LLC now owns 761,299 shares of the mining company’s stock worth $1,103,000 after acquiring an additional 46,780 shares in the last quarter. Finally, Global X MANAGEMENT CO LLC boosted its stake in shares of Alexco Resource by 8.0% during 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 acquiring an additional 85,734 shares in the last quarter.

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About Alexco Resource

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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