Global X Uranium ETF (NYSEARCA:URA) Short Interest Update

Global X Uranium ETF (NYSEARCA:URA) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 3,271,677 shares, a decrease of 34.3% from the December 31st total of 4,983,079 shares. Approximately 2.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,236,361 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 6,236,361 shares, the days-to-cover ratio is currently 0.5 days. Approximately 2.5% of the shares of the stock are short sold.

Global X Uranium ETF Stock Performance

Shares of NYSEARCA URA traded down $4.34 during trading on Friday, hitting $54.99. The company had a trading volume of 10,671,116 shares, compared to its average volume of 7,714,812. The company has a market cap of $7.24 billion, a P/E ratio of 37.39 and a beta of 1.10. The business’s 50-day moving average is $48.89 and its 200 day moving average is $46.55. Global X Uranium ETF has a 52 week low of $19.50 and a 52 week high of $62.28.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. DAVENPORT & Co LLC increased its position in Global X Uranium ETF by 1.6% during the third quarter. DAVENPORT & Co LLC now owns 12,613 shares of the company’s stock worth $601,000 after buying an additional 193 shares during the last quarter. Crowley Wealth Management Inc. increased its holdings in shares of Global X Uranium ETF by 36.4% during the 3rd quarter. Crowley Wealth Management Inc. now owns 750 shares of the company’s stock valued at $36,000 after acquiring an additional 200 shares during the last quarter. NewEdge Wealth LLC raised its stake in shares of Global X Uranium ETF by 3.2% in the 3rd quarter. NewEdge Wealth LLC now owns 7,095 shares of the company’s stock valued at $355,000 after acquiring an additional 221 shares in the last quarter. Summit Place Financial Advisors LLC lifted its holdings in Global X Uranium ETF by 0.3% in the 3rd quarter. Summit Place Financial Advisors LLC now owns 73,060 shares of the company’s stock worth $3,483,000 after purchasing an additional 225 shares during the last quarter. Finally, Archford Capital Strategies LLC boosted its position in Global X Uranium ETF by 2.3% during the fourth quarter. Archford Capital Strategies LLC now owns 11,226 shares of the company’s stock worth $480,000 after purchasing an additional 255 shares during the period.

Global X Uranium ETF Company Profile

The Global X Uranium ETF (URA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies involved in uranium mining and the production of nuclear components. URA was launched on Nov 4, 2010 and is managed by Global X.