Short Interest in Global X Silver Miners ETF (NYSEARCA:SIL) Decreases By 42.7%

Global X Silver Miners ETF (NYSEARCA:SIL) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,375,547 shares, a decrease of 42.7% from the December 31st total of 2,402,669 shares. Based on an average daily trading volume, of 3,468,636 shares, the short-interest ratio is currently 0.4 days. Approximately 2.2% of the shares of the stock are short sold. Approximately 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,468,636 shares, the short-interest ratio is currently 0.4 days.

Global X Silver Miners ETF Trading Down 14.8%

Shares of SIL traded down $16.36 during mid-day trading on Friday, reaching $94.30. 15,263,256 shares of the stock traded hands, compared to its average volume of 5,480,627. Global X Silver Miners ETF has a 1 year low of $33.11 and a 1 year high of $119.24. The company has a market cap of $6.11 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71. The firm has a fifty day moving average price of $88.16 and a 200 day moving average price of $71.25.

Trending Headlines about Global X Silver Miners ETF

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Analysts urge investors not to panic, calling the sell-off a healthy correction and saying the longer-term bull trend in gold and silver remains intact — a constructive view for silver-miner exposure over time. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
• Positive Sentiment: Commentary notes the pullback was predictable after January’s explosive rally — implying this decline could be a buying opportunity for longer-term silver/mining exposure if the macro backdrop reasserts. Gold, silver selloff was inevitable after January’s explosive rally, but broader trend remains intact
• Neutral Sentiment: Coverage flags that silver’s latest move has meme-stock characteristics — heavy retail participation can add outsized volatility and make short-term direction unpredictable for SIL. Silver Is the New Meme Stock—$170 or $60 Ahead?
• Neutral Sentiment: Technicals: analysts point to the 50-day moving average (~$74.55 for spot silver) as a key level; a hold or break there will influence near-term momentum for miners. Silver (XAG) Forecast: Silver Market Eyes 50-Day MA at $74.55 for Possible Momentum Shift
• Negative Sentiment: News that Kevin Warsh was nominated to chair the Fed eased concerns about political interference, removing a part of the bullish case for precious metals and sparking a fast sell-off. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know
• Negative Sentiment: Market coverage describes a near-term meltdown and the largest one-day drops in years as traders rushed to lock in gains — a clear headwind for SIL’s share price. Silver heads for biggest drop in 14 years, with ‘every man and his dog rushing for the exit’
• Negative Sentiment: Multiple outlets report a broad retreat in metals after a furious rally, driven by profit-taking — this directly reduces expected near-term cash flows and sentiment for mining stocks held in SIL. Gold, silver and copper continue to retreat after furious rally

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Meitav Investment House Ltd. grew its stake in Global X Silver Miners ETF by 87.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 1,220,000 shares of the company’s stock worth $87,151,000 after buying an additional 570,000 shares in the last quarter. Bank of Nova Scotia purchased a new stake in shares of Global X Silver Miners ETF during the 3rd quarter valued at $85,405,000. Mainstay Capital Management LLC ADV lifted its holdings in shares of Global X Silver Miners ETF by 1,440.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 309,140 shares of the company’s stock worth $25,819,000 after acquiring an additional 289,072 shares during the last quarter. Ameriprise Financial Inc. grew its position in Global X Silver Miners ETF by 100.7% in the second quarter. Ameriprise Financial Inc. now owns 255,277 shares of the company’s stock worth $12,476,000 after acquiring an additional 128,104 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Global X Silver Miners ETF by 255.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 234,515 shares of the company’s stock worth $16,798,000 after purchasing an additional 168,555 shares in the last quarter.

Global X Silver Miners ETF Company Profile

The Global X Silver Miners ETF (SIL) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of companies actively engaged in the silver mining industry. SIL was launched on Apr 19, 2010 and is managed by Global X.