Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Short Interest Update

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 2,370,000 shares, a growth of 144.5% from the May 15th total of 969,500 shares. Based on an average trading volume of 3,787,100 shares, the days-to-cover ratio is presently 0.6 days. Currently, 2.7% of the shares of the stock are sold short.

Amplify Junior Silver Miners ETF Stock Performance

Amplify Junior Silver Miners ETF stock traded up $0.06 during trading on Friday, reaching $14.99. The company had a trading volume of 5,346,591 shares, compared to its average volume of 2,802,586. The firm’s 50-day simple moving average is $12.79 and its 200 day simple moving average is $11.81. Amplify Junior Silver Miners ETF has a 1-year low of $9.72 and a 1-year high of $15.53. The firm has a market capitalization of $1.32 billion, a PE ratio of 21.61 and a beta of 0.84.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

Institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC grew its stake in Amplify Junior Silver Miners ETF by 524.2% in the 4th quarter. Millennium Management LLC now owns 193,500 shares of the company’s stock valued at $1,921,000 after acquiring an additional 162,500 shares during the period. Proficio Capital Partners LLC acquired a new stake in Amplify Junior Silver Miners ETF in the 4th quarter valued at $881,000. HighTower Advisors LLC grew its stake in Amplify Junior Silver Miners ETF by 7.3% in the 4th quarter. HighTower Advisors LLC now owns 145,401 shares of the company’s stock valued at $1,444,000 after acquiring an additional 9,838 shares during the period. LPL Financial LLC boosted its stake in Amplify Junior Silver Miners ETF by 49.0% during the 4th quarter. LPL Financial LLC now owns 687,314 shares of the company’s stock worth $6,825,000 after purchasing an additional 226,013 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Amplify Junior Silver Miners ETF during the 4th quarter worth $248,000.

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.