Sprott Uranium Miners ETF (NYSEARCA:URNM) Short Interest Update

Sprott Uranium Miners ETF (NYSEARCA:URNMGet Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 424,838 shares, a decline of 58.8% from the April 15th total of 1,031,882 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 683,196 shares, the days-to-cover ratio is currently 0.6 days.

Sprott Uranium Miners ETF Trading Down 3.8%

Sprott Uranium Miners ETF stock traded down $2.35 during mid-day trading on Friday, reaching $60.15. The company’s stock had a trading volume of 1,098,109 shares, compared to its average volume of 915,301. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 7.69 and a beta of 0.93. The business has a 50 day moving average price of $64.95 and a 200-day moving average price of $63.81. Sprott Uranium Miners ETF has a twelve month low of $35.93 and a twelve month high of $84.95.

Institutional Investors Weigh In On Sprott Uranium Miners ETF

A number of institutional investors have recently modified their holdings of URNM. Knuff & Co LLC bought a new stake in shares of Sprott Uranium Miners ETF during the 4th quarter valued at about $31,000. Longview Financial Advisors Inc. bought a new stake in shares of Sprott Uranium Miners ETF during the 1st quarter valued at about $32,000. Fifth Third Bancorp bought a new stake in shares of Sprott Uranium Miners ETF during the 3rd quarter valued at about $33,000. Waverly Advisors LLC bought a new stake in shares of Sprott Uranium Miners ETF during the 1st quarter valued at about $34,000. Finally, Caitlin John LLC bought a new stake in shares of Sprott Uranium Miners ETF during the 3rd quarter valued at about $41,000.

About Sprott Uranium Miners ETF

(Get Free Report)

The Sprott Uranium Miners ETF (URNM) is an exchange-traded fund that is based on the North Shore Global Uranium Mining index, a market-cap-weighted index of global companies in the uranium industry. URNM was launched on Dec 3, 2019 and is managed by Sprott.

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