Short Interest in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) Declines By 61.7%

VanEck Uranium and Nuclear ETF (NYSEARCA:NLRGet Free Report) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 151,742 shares, a decline of 61.7% from the May 31st total of 395,684 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 593,348 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On VanEck Uranium and Nuclear ETF

Several large investors have recently bought and sold shares of NLR. WPG Advisers LLC grew its holdings in shares of VanEck Uranium and Nuclear ETF by 700.0% during the fourth quarter. WPG Advisers LLC now owns 200 shares of the company’s stock worth $25,000 after purchasing an additional 175 shares during the last quarter. CENTRAL TRUST Co purchased a new stake in shares of VanEck Uranium and Nuclear ETF in the 1st quarter valued at about $30,000. Advantage Trust Co acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the 4th quarter valued at about $34,000. Bangor Savings Bank acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the 4th quarter valued at about $35,000. Finally, Sound Income Strategies LLC boosted its position in shares of VanEck Uranium and Nuclear ETF by 1,325.0% in the 4th quarter. Sound Income Strategies LLC now owns 285 shares of the company’s stock valued at $35,000 after purchasing an additional 265 shares during the period.

VanEck Uranium and Nuclear ETF Trading Down 0.9%

Shares of VanEck Uranium and Nuclear ETF stock opened at $116.30 on Friday. The company has a fifty day simple moving average of $132.82 and a 200-day simple moving average of $137.00. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 26.00 and a beta of 0.81. VanEck Uranium and Nuclear ETF has a 12-month low of $104.05 and a 12-month high of $168.12.

VanEck Uranium and Nuclear ETF Company Profile

(Get Free Report)

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.

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