Stock Traders Buy High Volume of Call Options on Sprott Uranium Miners ETF (NYSEARCA:URNM)

Sprott Uranium Miners ETF (NYSEARCA:URNM) was the recipient of some unusual options trading activity on Friday. Investors bought 36,206 call options on the company. This is an increase of 652% compared to the average volume of 4,815 call options.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of URNM. Anatole Investment Management Ltd increased its holdings in Sprott Uranium Miners ETF by 61.1% in the 3rd quarter. Anatole Investment Management Ltd now owns 1,363,508 shares of the company’s stock valued at $82,397,000 after buying an additional 517,208 shares during the period. Group One Trading LLC lifted its holdings in shares of Sprott Uranium Miners ETF by 99.5% during the 2nd quarter. Group One Trading LLC now owns 227,989 shares of the company’s stock worth $10,928,000 after acquiring an additional 113,699 shares during the period. Trek Financial LLC acquired a new stake in shares of Sprott Uranium Miners ETF during the 2nd quarter worth approximately $8,771,000. Marks Wealth LLC bought a new position in Sprott Uranium Miners ETF in the third quarter valued at approximately $9,581,000. Finally, Fielder Capital Group LLC increased its stake in Sprott Uranium Miners ETF by 17.9% in the third quarter. Fielder Capital Group LLC now owns 142,188 shares of the company’s stock valued at $8,592,000 after acquiring an additional 21,552 shares during the last quarter.

Sprott Uranium Miners ETF Stock Up 0.5%

Shares of URNM stock traded up $0.40 during mid-day trading on Friday, reaching $75.70. The stock had a trading volume of 536,069 shares, compared to its average volume of 972,227. The firm’s 50 day simple moving average is $58.82 and its 200 day simple moving average is $55.53. Sprott Uranium Miners ETF has a one year low of $27.60 and a one year high of $76.66. The firm has a market cap of $2.46 billion, a PE ratio of 7.69 and a beta of 1.00.

Sprott Uranium Miners ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Thursday, December 18th were given a $1.7432 dividend. This represents a dividend yield of 339.0%. The ex-dividend date of this dividend was Thursday, December 18th.

About Sprott Uranium Miners ETF

The Sprott Uranium Miners ETF (URNM) is an exchange-traded fund that is based on the North Shore Global Uranium Mining index, a market-cap-weighted index of global companies in the uranium industry. URNM was launched on Dec 3, 2019 and is managed by Sprott.