VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) Short Interest Update

VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 222,080 shares, an increase of 72.0% from the June 30th total of 129,142 shares. Based on an average trading volume of 455,157 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.6% of the company’s stock are sold short.

Hedge Funds Weigh In On VanEck Uranium and Nuclear ETF

A number of hedge funds and other institutional investors have recently modified their holdings of NLR. Collaborative Wealth Managment Inc. raised its stake in VanEck Uranium and Nuclear ETF by 2.2% in the fourth quarter. Collaborative Wealth Managment Inc. now owns 3,213 shares of the company’s stock worth $399,000 after buying an additional 68 shares in the last quarter. Financial Freedom LLC lifted its holdings in VanEck Uranium and Nuclear ETF by 11.8% during the first quarter. Financial Freedom LLC now owns 681 shares of the company’s stock worth $91,000 after buying an additional 72 shares during the period. Beaumont Financial Advisors LLC boosted its position in VanEck Uranium and Nuclear ETF by 0.7% during the 1st quarter. Beaumont Financial Advisors LLC now owns 12,065 shares of the company’s stock valued at $1,607,000 after acquiring an additional 80 shares in the last quarter. Berger Financial Group Inc boosted its position in VanEck Uranium and Nuclear ETF by 1.8% during the 1st quarter. Berger Financial Group Inc now owns 4,775 shares of the company’s stock valued at $636,000 after acquiring an additional 84 shares in the last quarter. Finally, Advantage Trust Co increased its holdings in shares of VanEck Uranium and Nuclear ETF by 37.0% in the 1st quarter. Advantage Trust Co now owns 370 shares of the company’s stock valued at $49,000 after acquiring an additional 100 shares during the period.

VanEck Uranium and Nuclear ETF Price Performance

Shares of VanEck Uranium and Nuclear ETF stock opened at $106.83 on Friday. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 26.00 and a beta of 0.83. The firm’s 50-day moving average is $118.24 and its two-hundred day moving average is $133.46. VanEck Uranium and Nuclear ETF has a 1 year low of $101.92 and a 1 year high of $168.12.

About VanEck Uranium and Nuclear ETF

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.