Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Sees Large Drop in Short Interest

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 606,000 shares, a drop of 22.8% from the September 15th total of 784,800 shares. Based on an average daily trading volume, of 224,300 shares, the short-interest ratio is presently 2.7 days.

Sprott Junior Uranium Miners ETF Trading Down 0.7 %

Sprott Junior Uranium Miners ETF stock traded down $0.16 during mid-day trading on Monday, hitting $23.30. The company’s stock had a trading volume of 52,611 shares, compared to its average volume of 230,716. Sprott Junior Uranium Miners ETF has a twelve month low of $16.39 and a twelve month high of $31.30. The stock’s fifty day moving average price is $20.16 and its two-hundred day moving average price is $23.84.

Institutional Investors Weigh In On Sprott Junior Uranium Miners ETF

Large investors have recently modified their holdings of the stock. One Plus One Wealth Management LLC lifted its holdings in shares of Sprott Junior Uranium Miners ETF by 5.3% during the first quarter. One Plus One Wealth Management LLC now owns 67,209 shares of the company’s stock valued at $1,709,000 after purchasing an additional 3,376 shares during the last quarter. Private Advisor Group LLC purchased a new stake in Sprott Junior Uranium Miners ETF during the first quarter valued at about $403,000. MGB Wealth Management LLC boosted its holdings in shares of Sprott Junior Uranium Miners ETF by 2.2% in the first quarter. MGB Wealth Management LLC now owns 18,750 shares of the company’s stock worth $477,000 after buying an additional 400 shares during the period. Lake Street Advisors Group LLC purchased a new position in shares of Sprott Junior Uranium Miners ETF in the first quarter worth approximately $685,000. Finally, HTLF Bank raised its holdings in shares of Sprott Junior Uranium Miners ETF by 49.5% during the second quarter. HTLF Bank now owns 52,150 shares of the company’s stock valued at $1,247,000 after acquiring an additional 17,270 shares during the period.

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.