Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Sees Large Drop in Short Interest

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 486,300 shares, a drop of 32.8% from the October 15th total of 724,100 shares. Based on an average trading volume of 213,900 shares, the short-interest ratio is currently 2.3 days.

Institutional Investors Weigh In On Sprott Junior Uranium Miners ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Rathbones Group PLC raised its position in Sprott Junior Uranium Miners ETF by 2.7% during the 2nd quarter. Rathbones Group PLC now owns 38,260 shares of the company’s stock worth $915,000 after buying an additional 1,000 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of Sprott Junior Uranium Miners ETF by 18.8% during the second quarter. National Bank of Canada FI now owns 25,338 shares of the company’s stock worth $604,000 after purchasing an additional 4,017 shares during the last quarter. Bridgewater Associates LP raised its holdings in shares of Sprott Junior Uranium Miners ETF by 10.4% during the third quarter. Bridgewater Associates LP now owns 71,514 shares of the company’s stock worth $1,578,000 after purchasing an additional 6,755 shares during the last quarter. HTLF Bank boosted its holdings in Sprott Junior Uranium Miners ETF by 49.5% in the second quarter. HTLF Bank now owns 52,150 shares of the company’s stock valued at $1,247,000 after purchasing an additional 17,270 shares during the last quarter. Finally, Lake Street Advisors Group LLC purchased a new stake in Sprott Junior Uranium Miners ETF in the first quarter valued at $685,000.

Sprott Junior Uranium Miners ETF Trading Up 1.2 %

Sprott Junior Uranium Miners ETF stock opened at $21.89 on Friday. The business’s 50-day simple moving average is $22.50 and its two-hundred day simple moving average is $23.43. Sprott Junior Uranium Miners ETF has a fifty-two week low of $16.39 and a fifty-two week high of $31.30.

Sprott Junior Uranium Miners ETF Company Profile

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap.