Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Short Interest Down 22.8% in September

by · The Cerbat Gem

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 606,000 shares, a decrease 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.

Hedge Funds Weigh In On Sprott Junior Uranium Miners ETF

Hedge funds have recently added to or reduced their stakes in the stock. Private Advisor Group LLC purchased a new position in Sprott Junior Uranium Miners ETF in the first quarter valued at approximately $403,000. MGB Wealth Management LLC increased its stake in 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 valued at $477,000 after purchasing an additional 400 shares during the last quarter. National Bank of Canada FI increased its stake in Sprott Junior Uranium Miners ETF by 18.8% in the second quarter. National Bank of Canada FI now owns 25,338 shares of the company’s stock valued at $604,000 after purchasing an additional 4,017 shares during the last quarter. Lake Street Advisors Group LLC purchased a new position in Sprott Junior Uranium Miners ETF in the first quarter valued at approximately $685,000. Finally, Rathbones Group PLC increased its stake in Sprott Junior Uranium Miners ETF by 2.7% in the second quarter. Rathbones Group PLC now owns 38,260 shares of the company’s stock valued at $915,000 after purchasing an additional 1,000 shares during the last quarter.

Sprott Junior Uranium Miners ETF Stock Up 1.7 %

Shares of URNJ stock traded up $0.40 during trading hours on Friday, reaching $23.46. 69,710 shares of the stock were exchanged, compared to its average volume of 231,620. The business’s fifty day moving average is $20.16 and its two-hundred day moving average is $23.85. Sprott Junior Uranium Miners ETF has a 12-month low of $16.39 and a 12-month high of $31.30.

About Sprott Junior Uranium Miners ETF

(Get Free Report)

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.

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