Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Sees Large Growth in Short Interest

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 21,288 shares, a growth of 71.1% from the February 12th total of 12,444 shares. Based on an average daily trading volume, of 78,855 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 78,855 shares, the short-interest ratio is currently 0.3 days.

Sprott Junior Gold Miners ETF Stock Performance

Sprott Junior Gold Miners ETF stock opened at $93.02 on Friday. The stock has a market capitalization of $373.94 million, a P/E ratio of 16.26 and a beta of 0.90. The company’s fifty day moving average price is $100.22 and its 200 day moving average price is $83.73. Sprott Junior Gold Miners ETF has a 1 year low of $37.12 and a 1 year high of $115.78.

Sprott Junior Gold Miners ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were issued a dividend of $7.044 per share. This represents a yield of 575.0%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Trading of Sprott Junior Gold Miners ETF

A number of institutional investors and hedge funds have recently modified their holdings of SGDJ. Jane Street Group LLC raised its position in shares of Sprott Junior Gold Miners ETF by 76.1% during the 4th quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $13,461,000 after purchasing an additional 69,159 shares during the last quarter. Royal Bank of Canada lifted its stake in Sprott Junior Gold Miners ETF by 1,397.5% in the 1st quarter. Royal Bank of Canada now owns 58,012 shares of the company’s stock valued at $2,466,000 after buying an additional 54,138 shares in the last quarter. Sprott Inc. boosted its holdings in Sprott Junior Gold Miners ETF by 24.6% in the 3rd quarter. Sprott Inc. now owns 36,272 shares of the company’s stock worth $2,604,000 after buying an additional 7,155 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in Sprott Junior Gold Miners ETF by 160.8% in the 4th quarter. D.A. Davidson & CO. now owns 31,082 shares of the company’s stock worth $2,615,000 after buying an additional 19,165 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Sprott Junior Gold Miners ETF by 29.2% during the 3rd quarter. Raymond James Financial Inc. now owns 26,685 shares of the company’s stock worth $1,916,000 after buying an additional 6,028 shares in the last quarter.

About Sprott Junior Gold Miners ETF

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.