Cameco Surges to 470th in Trading Volume with $357 Million but Stock Price Drops 7.53

On April 4, 2025, Cameco (CCJ) experienced a significant trading volume of $357 million, marking a 54.8% increase from the previous day. This surge placed Cameco at the 470th position in terms of trading volume for the day. However, the stock price declined by 7.53%, marking the second consecutive day of decline, with a total decrease of 10.93% over the past two days.

Cameco was the subject of unusually large options trading activity on Thursday. Investors acquired 28,210 put options on the stock, indicating a significant level of bearish sentiment. This activity suggests that traders are positioning themselves for potential downside movements in the stock price.

In the last three hours of trading, a notable options trade on Cameco put contracts was detected with a volume of 8,448, far exceeding its open interest of 14 with a V/OI ratio of 603.43. The premium, or cost, of the trade was $329,470. The strike price of this contract is $33.000 and the expiration date is May 16th, 2025, 43 days later.

Cameco Corporation released its 2024 Modern Slavery Report, highlighting its commitment to ethical practices and human rights. The report covers the company's efforts to ensure that its operations are free from modern slavery and that it respects the rights of all individuals involved in its supply chain.