Short Interest in Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Increases By 83.4%

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 726,648 shares, a growth of 83.4% from the May 14th total of 396,238 shares. Approximately 4.9% of the company’s shares are short sold. Based on an average trading volume of 280,400 shares, the days-to-cover ratio is presently 2.6 days.

Sprott Junior Uranium Miners ETF Trading Up 0.5%

NASDAQ:URNJ opened at $26.04 on Wednesday. The company has a fifty day moving average of $29.05 and a 200-day moving average of $29.87. Sprott Junior Uranium Miners ETF has a twelve month low of $19.12 and a twelve month high of $40.81.

Institutional Trading of Sprott Junior Uranium Miners ETF

Several hedge funds have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of Sprott Junior Uranium Miners ETF by 3,535.2% in the 1st quarter. Royal Bank of Canada now owns 31,990 shares of the company’s stock valued at $937,000 after acquiring an additional 31,110 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Sprott Junior Uranium Miners ETF by 18.1% in the 1st quarter. Cetera Investment Advisers now owns 69,662 shares of the company’s stock valued at $2,040,000 after acquiring an additional 10,659 shares in the last quarter. WIT Partners Advisory Pte. Ltd. increased its stake in shares of Sprott Junior Uranium Miners ETF by 41.5% in the 1st quarter. WIT Partners Advisory Pte. Ltd. now owns 40,250 shares of the company’s stock valued at $1,179,000 after acquiring an additional 11,810 shares in the last quarter. IMC Chicago LLC increased its stake in shares of Sprott Junior Uranium Miners ETF by 2.6% in the 1st quarter. IMC Chicago LLC now owns 15,972 shares of the company’s stock valued at $468,000 after acquiring an additional 411 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in shares of Sprott Junior Uranium Miners ETF by 14.9% in the 1st quarter. Chicago Partners Investment Group LLC now owns 54,000 shares of the company’s stock valued at $1,582,000 after acquiring an additional 7,000 shares in the last quarter.

About Sprott Junior Uranium Miners ETF

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. URNJ was launched on Dec 3, 2019 and is managed by Sprott.