Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Short Interest Down 45.9% in April

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 341,627 shares, a decline of 45.9% from the April 15th total of 632,011 shares. Based on an average daily trading volume, of 272,780 shares, the short-interest ratio is presently 1.3 days. Approximately 2.3% of the company’s stock are short sold.

Sprott Junior Uranium Miners ETF Stock Down 4.5%

URNJ traded down $1.30 on Friday, hitting $27.68. The company had a trading volume of 525,736 shares, compared to its average volume of 482,967. Sprott Junior Uranium Miners ETF has a 1-year low of $15.54 and a 1-year high of $40.81. The company’s fifty day moving average price is $30.39 and its 200 day moving average price is $29.89.

Institutional Investors Weigh In On Sprott Junior Uranium Miners ETF

A number of hedge funds have recently bought and sold shares of the company. Kingsview Wealth Management LLC acquired a new position in shares of Sprott Junior Uranium Miners ETF during the 4th quarter worth about $6,404,000. Group One Trading LLC raised its stake in Sprott Junior Uranium Miners ETF by 103.2% during the 2nd quarter. Group One Trading LLC now owns 6,531 shares of the company’s stock valued at $138,000 after purchasing an additional 210,022 shares during the last quarter. Banco BTG Pactual S.A. acquired a new position in Sprott Junior Uranium Miners ETF during the 4th quarter valued at $3,926,000. One Plus One Wealth Management LLC raised its position in shares of Sprott Junior Uranium Miners ETF by 132.6% during the first quarter. One Plus One Wealth Management LLC now owns 154,822 shares of the company’s stock valued at $4,535,000 after buying an additional 88,256 shares during the last quarter. Finally, Chicago Partners Investment Group LLC acquired a new position in Sprott Junior Uranium Miners ETF in the 4th quarter valued at approximately $1,184,000.

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. URNJ was launched on Dec 3, 2019 and is managed by Sprott.