Short Interest in Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Increases By 29.3%

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 1,170,000 shares, a growth of 29.3% from the February 13th total of 904,800 shares. Approximately 8.9% of the company’s stock are short sold. Based on an average trading volume of 380,700 shares, the short-interest ratio is currently 3.1 days.

Institutional Investors Weigh In On Sprott Junior Uranium Miners ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. National Bank of Canada FI raised its position in shares of Sprott Junior Uranium Miners ETF by 1.8% during the 4th quarter. National Bank of Canada FI now owns 53,377 shares of the company’s stock worth $992,000 after acquiring an additional 961 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Sprott Junior Uranium Miners ETF by 2.2% during the 4th quarter. JPMorgan Chase & Co. now owns 83,068 shares of the company’s stock worth $1,543,000 after acquiring an additional 1,755 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Sprott Junior Uranium Miners ETF by 9.4% during the 4th quarter. Cetera Investment Advisers now owns 27,117 shares of the company’s stock worth $504,000 after acquiring an additional 2,333 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Sprott Junior Uranium Miners ETF by 10.2% during the 4th quarter. NewEdge Advisors LLC now owns 51,277 shares of the company’s stock worth $953,000 after acquiring an additional 4,752 shares in the last quarter. Finally, Advisory Services Network LLC increased its position in Sprott Junior Uranium Miners ETF by 46.7% during the fourth quarter. Advisory Services Network LLC now owns 16,617 shares of the company’s stock worth $309,000 after buying an additional 5,292 shares during the period.

Sprott Junior Uranium Miners ETF Price Performance

Shares of NASDAQ URNJ opened at $15.37 on Tuesday. Sprott Junior Uranium Miners ETF has a fifty-two week low of $13.67 and a fifty-two week high of $31.30. The stock’s 50-day simple moving average is $18.06 and its 200-day simple moving average is $20.47.

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.