VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) Sees Significant Decrease in Short Interest

VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 151,742 shares, a decline of 61.7% from the May 31st total of 395,684 shares. Based on an average trading volume of 593,348 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. WPG Advisers LLC boosted its stake in VanEck Uranium and Nuclear ETF by 700.0% in the 4th quarter. WPG Advisers LLC now owns 200 shares of the company’s stock worth $25,000 after purchasing an additional 175 shares during the period. CENTRAL TRUST Co bought a new stake in shares of VanEck Uranium and Nuclear ETF in the 1st quarter valued at approximately $30,000. Advantage Trust Co bought a new stake in VanEck Uranium and Nuclear ETF in the fourth quarter worth approximately $34,000. Bangor Savings Bank acquired a new position in shares of VanEck Uranium and Nuclear ETF during the 4th quarter worth $35,000. Finally, Sound Income Strategies LLC increased its stake in shares of VanEck Uranium and Nuclear ETF by 1,325.0% during the 4th quarter. Sound Income Strategies LLC now owns 285 shares of the company’s stock worth $35,000 after purchasing an additional 265 shares during the last quarter.

VanEck Uranium and Nuclear ETF Trading Up 0.6%

VanEck Uranium and Nuclear ETF stock traded up $0.65 during midday trading on Monday, reaching $116.95. 376,112 shares of the stock traded hands, compared to its average volume of 549,094. VanEck Uranium and Nuclear ETF has a fifty-two week low of $104.05 and a fifty-two week high of $168.12. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 26.00 and a beta of 0.81. The firm has a fifty day moving average price of $132.82 and a two-hundred day moving average price of $137.02.

VanEck Uranium and Nuclear ETF Company Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) 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 in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.