Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Short Interest Update

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 860,882 shares, an increase of 60.5% from the July 30th total of 536,367 shares. Based on an average daily trading volume, of 287,287 shares, the short-interest ratio is currently 3.0 days. Approximately 5.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Kingsview Wealth Management LLC bought a new position in Sprott Junior Uranium Miners ETF during the fourth quarter valued at $6,404,000. Banco BTG Pactual S.A. bought a new position in Sprott Junior Uranium Miners ETF in the fourth quarter worth about $3,926,000. One Plus One Wealth Management LLC lifted its position in shares of Sprott Junior Uranium Miners ETF by 132.6% during the first quarter. One Plus One Wealth Management LLC now owns 154,822 shares of the company’s stock valued at $4,535,000 after buying an additional 88,256 shares during the last quarter. National Bank of Canada FI lifted its position in shares of Sprott Junior Uranium Miners ETF by 68.5% during the third quarter. National Bank of Canada FI now owns 92,602 shares of the company’s stock valued at $2,680,000 after buying an additional 37,653 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Sprott Junior Uranium Miners ETF by 18.1% in the 1st quarter. Cetera Investment Advisers now owns 69,662 shares of the company’s stock valued at $2,040,000 after buying an additional 10,659 shares in the last quarter.

Sprott Junior Uranium Miners ETF Trading Down 3.2%

URNJ stock traded down $0.82 during trading on Tuesday, reaching $25.06. The company’s stock had a trading volume of 164,231 shares, compared to its average volume of 407,313. Sprott Junior Uranium Miners ETF has a 1 year low of $20.60 and a 1 year high of $40.81. The company’s fifty day moving average is $23.73 and its 200-day moving average is $27.72.

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. URNJ was launched on Dec 3, 2019 and is managed by Sprott.