Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Sees Significant Decrease in Short Interest

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) saw a large decline in short interest in October. As of October 31st, there was short interest totalling 486,300 shares, a decline of 32.8% from the October 15th total of 724,100 shares. Based on an average daily volume of 213,900 shares, the short-interest ratio is presently 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 business. National Bank of Canada FI grew its holdings in 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 valued at $604,000 after purchasing an additional 4,017 shares during the period. Lake Street Advisors Group LLC bought a new stake in shares of Sprott Junior Uranium Miners ETF in the first quarter valued at about $685,000. Rathbones Group PLC boosted 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 acquiring an additional 1,000 shares during the last quarter. HTLF Bank boosted its holdings in Sprott Junior Uranium Miners ETF by 49.5% during the second quarter. HTLF Bank now owns 52,150 shares of the company’s stock worth $1,247,000 after purchasing an additional 17,270 shares during the last quarter. Finally, Bridgewater Associates LP grew its holdings in shares of Sprott Junior Uranium Miners ETF by 10.4% in the 3rd quarter. Bridgewater Associates LP now owns 71,514 shares of the company’s stock valued at $1,578,000 after acquiring an additional 6,755 shares in the last quarter.

Sprott Junior Uranium Miners ETF Stock Up 1.2 %

Shares of URNJ traded up $0.25 on Friday, hitting $21.89. The company’s stock had a trading volume of 321,231 shares, compared to its average volume of 227,971. The company has a 50 day moving average price of $22.40 and a 200 day moving average price of $23.46. 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.