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

Fury Gold Mines Limited (NYSEAMERICAN:FURY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 260,200 shares, a growth of 9.8% from the March 15th total of 236,900 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 133,500 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC bought a new position in Fury Gold Mines in the second quarter valued at approximately $34,000. Two Sigma Securities LLC bought a new position in Fury Gold Mines in the second quarter valued at approximately $44,000. Renaissance Technologies LLC increased its stake in Fury Gold Mines by 100.5% in the fourth quarter. Renaissance Technologies LLC now owns 122,724 shares of the company’s stock valued at $52,000 after acquiring an additional 61,500 shares during the last quarter. Ashford Capital Management Inc. increased its stake in Fury Gold Mines by 20.8% in the third quarter. Ashford Capital Management Inc. now owns 2,900,000 shares of the company’s stock valued at $991,000 after acquiring an additional 500,000 shares during the last quarter. Finally, FMR LLC bought a new position in Fury Gold Mines in the second quarter valued at approximately $4,871,000. 12.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, HC Wainwright reaffirmed a “buy” rating and set a $1.50 target price on shares of Fury Gold Mines in a report on Tuesday, March 19th.

Fury Gold Mines Trading Up 1.2 %

Shares of FURY opened at $0.51 on Wednesday. Fury Gold Mines has a 12 month low of $0.31 and a 12 month high of $0.61.

Fury Gold Mines (NYSEAMERICAN:FURY) last announced its earnings results on Tuesday, April 2nd. The company reported ($0.02) EPS for the quarter.

About Fury Gold Mines

Fury Gold Mines Limited, together with its subsidiaries, engages in the gold exploration company in Canada. It holds interest in the Eau Claire property located in the Eeyou Istchee James Bay Region of Northern Quebec; and the Committee Bay gold project located in the Kitikmeot Region of Nunavut. The company was formerly known as Auryn Resources Inc and changed its name to Fury Gold Mines Limited in October 2020.