Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Short Interest Down 48.5% in May

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 3,348,302 shares, a drop of 48.5% from the May 14th total of 6,502,746 shares. Currently, 2.5% of the company’s shares are sold short. Based on an average daily volume of 4,487,724 shares, the short-interest ratio is presently 0.7 days.

Amplify Junior Silver Miners ETF Stock Performance

NYSEARCA SILJ traded up $0.85 during trading on Friday, hitting $27.18. The stock had a trading volume of 6,943,440 shares, compared to its average volume of 8,063,895. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 25.57 and a beta of 0.84. Amplify Junior Silver Miners ETF has a one year low of $14.11 and a one year high of $41.10. The stock has a 50 day simple moving average of $30.21 and a 200 day simple moving average of $30.87.

Institutional Trading of Amplify Junior Silver Miners ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Blue Trust Inc. raised its stake in shares of Amplify Junior Silver Miners ETF by 33.3% during the first quarter. Blue Trust Inc. now owns 2,000 shares of the company’s stock valued at $59,000 after acquiring an additional 500 shares in the last quarter. Veracity Capital LLC raised its stake in shares of Amplify Junior Silver Miners ETF by 3.4% during the fourth quarter. Veracity Capital LLC now owns 16,885 shares of the company’s stock valued at $467,000 after acquiring an additional 555 shares in the last quarter. Hurley Capital LLC raised its stake in shares of Amplify Junior Silver Miners ETF by 187.1% during the fourth quarter. Hurley Capital LLC now owns 913 shares of the company’s stock valued at $25,000 after acquiring an additional 595 shares in the last quarter. Comerica Bank raised its stake in shares of Amplify Junior Silver Miners ETF by 0.9% during the fourth quarter. Comerica Bank now owns 75,988 shares of the company’s stock valued at $2,103,000 after acquiring an additional 693 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Amplify Junior Silver Miners ETF by 14.5% during the third quarter. PNC Financial Services Group Inc. now owns 6,182 shares of the company’s stock valued at $143,000 after acquiring an additional 782 shares in the last quarter.

About Amplify Junior Silver Miners ETF

The ETFMG Prime Junior Silver Miners ETF (SILJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a modified market-cap-weighted index of small-cap silver mining and exploration companies. SILJ was launched on Nov 28, 2012 and is managed by ETF Managers Group.