Short Interest in Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Increases By 63.5%

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 782,300 shares, an increase of 63.5% from the January 15th total of 478,500 shares. Based on an average trading volume of 223,600 shares, the days-to-cover ratio is currently 3.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC increased its position in Sprott Junior Uranium Miners ETF by 46.7% in the 4th quarter. Advisory Services Network LLC now owns 16,617 shares of the company’s stock valued at $309,000 after acquiring an additional 5,292 shares during the period. Rathbones Group PLC increased its holdings in Sprott Junior Uranium Miners ETF by 22.9% in the fourth quarter. Rathbones Group PLC now owns 43,575 shares of the company’s stock valued at $810,000 after purchasing an additional 8,115 shares during the period. NewEdge Advisors LLC raised its position in 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 purchasing an additional 4,752 shares during the last quarter. National Bank of Canada FI lifted its holdings in 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 buying an additional 961 shares during the period. Finally, OLD Mission Capital LLC grew its position in shares of Sprott Junior Uranium Miners ETF by 263.4% in the 4th quarter. OLD Mission Capital LLC now owns 63,155 shares of the company’s stock valued at $1,173,000 after buying an additional 45,775 shares during the last quarter.

Sprott Junior Uranium Miners ETF Stock Down 0.4 %

Shares of URNJ opened at $18.94 on Friday. Sprott Junior Uranium Miners ETF has a 12-month low of $16.39 and a 12-month high of $31.30. The business has a 50-day simple moving average of $20.00 and a two-hundred day simple moving average of $21.06.

Sprott Junior Uranium Miners ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were issued a dividend of $0.805 per share. The ex-dividend date of this dividend was Thursday, December 12th.

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.