Cameco Co. (NYSE:CCJ – Get Free Report) (TSE:CCO) was the target of some unusual options trading on Thursday. Stock traders purchased 384,705 call options on the stock. This is an increase of 1,490% compared to the average volume of 24,198 call options.
Hedge Funds Weigh In On Cameco
Several institutional investors have recently bought and sold shares of CCJ. Morgan Stanley lifted its position in Cameco by 5.8% during the third quarter. Morgan Stanley now owns 7,752,258 shares of the basic materials company’s stock valued at $307,300,000 after purchasing an additional 428,310 shares during the last quarter. Guardian Capital LP grew its position in Cameco by 40.7% in the third quarter. Guardian Capital LP now owns 864,304 shares of the basic materials company’s stock worth $34,451,000 after acquiring an additional 250,115 shares in the last quarter. Foster Victor Wealth Advisors LLC bought…
