Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Short Interest Up 71.1% in February

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 21,288 shares, an increase of 71.1% from the February 12th total of 12,444 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 78,855 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 78,855 shares, the short-interest ratio is currently 0.3 days. Approximately 0.5% of the company’s stock are sold short.

Sprott Junior Gold Miners ETF Stock Performance

Shares of SGDJ traded down $4.40 during trading hours on Friday, hitting $93.02. 101,480 shares of the company were exchanged, compared to its average volume of 110,695. Sprott Junior Gold Miners ETF has a 52 week low of $37.12 and a 52 week high of $115.78. The firm’s 50 day moving average is $100.22 and its 200-day moving average is $83.73. The company has a market cap of $373.94 million, a PE ratio of 16.26 and a beta of 0.90.

Sprott Junior Gold Miners ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, December 22nd. Investors of record on Thursday, December 18th were paid a $7.044 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a yield of 575.0%.

Hedge Funds Weigh In On Sprott Junior Gold Miners ETF

Several large investors have recently bought and sold shares of SGDJ. Jane Street Group LLC grew its holdings in shares of Sprott Junior Gold Miners ETF by 76.1% in the 4th quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock valued at $13,461,000 after buying an additional 69,159 shares during the period. Royal Bank of Canada raised its stake in Sprott Junior Gold Miners ETF by 1,397.5% in the 1st quarter. Royal Bank of Canada now owns 58,012 shares of the company’s stock valued at $2,466,000 after acquiring an additional 54,138 shares during the period. Sprott Inc. boosted its holdings in shares of Sprott Junior Gold Miners ETF by 24.6% during the third quarter. Sprott Inc. now owns 36,272 shares of the company’s stock worth $2,604,000 after acquiring an additional 7,155 shares during the period. D.A. Davidson & CO. grew its stake in shares of Sprott Junior Gold Miners ETF by 160.8% in the fourth quarter. D.A. Davidson & CO. now owns 31,082 shares of the company’s stock valued at $2,615,000 after acquiring an additional 19,165 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in Sprott Junior Gold Miners ETF by 29.2% during the third quarter. Raymond James Financial Inc. now owns 26,685 shares of the company’s stock worth $1,916,000 after buying an additional 6,028 shares in the last quarter.

Sprott Junior Gold Miners ETF Company Profile

The Sprott Junior Gold Miners ETF (SGDJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of small-cap gold mining firms. Stocks are weighted by price momentum for gold explorers and by revenue growth for gold developers. SGDJ was launched on Mar 31, 2015 and is managed by Sprott.