Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Stock Short Interest Report for September

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 11,507 shares, a decline of 80.1% from the September 15th total of 57,840 shares. Based on an average daily trading volume, of 35,305 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Sprott Junior Gold Miners ETF Trading Down 1.6%

Shares of SGDJ stock traded down $1.42 on Monday, hitting $87.14. 13,953 shares of the stock were exchanged, compared to its average volume of 71,447. The firm has a market capitalization of $329.37 million, a P/E ratio of 16.26 and a beta of 1.03. Sprott Junior Gold Miners ETF has a fifty-two week low of $67.60 and a fifty-two week high of $115.78. The business has a 50-day moving average of $93.58 and a 200 day moving average of $87.57.

Hedge Funds Weigh In On Sprott Junior Gold Miners ETF

Institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new stake in Sprott Junior Gold Miners ETF in the second quarter valued at approximately $86,000. Gateway Wealth Partners LLC bought a new position in shares of Sprott Junior Gold Miners ETF during the 1st quarter worth approximately $201,000. TD Waterhouse Canada Inc. boosted its stake in shares of Sprott Junior Gold Miners ETF by 101.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 3,466 shares of the company’s stock worth $258,000 after acquiring an additional 1,744 shares during the period. Compass Financial Management LLC acquired a new position in shares of Sprott Junior Gold Miners ETF during the 2nd quarter worth approximately $265,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Sprott Junior Gold Miners ETF by 57.7% during the 1st quarter. NewEdge Advisors LLC now owns 3,625 shares of the company’s stock worth $312,000 after acquiring an additional 1,326 shares during the last quarter.

Sprott Junior Gold Miners ETF Company Profile

The Sprott Junior Gold Miners ETF (SGDJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of small-cap gold mining firms. Stocks are weighted by price momentum for gold explorers and by revenue growth for gold developers. SGDJ was launched on Mar 31, 2015 and is managed by Sprott.