Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Short Interest Update

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,044,859 shares, a growth of 80.2% from the June 15th total of 579,677 shares. Currently, 7.5% of the shares of the stock are short sold. Based on an average daily volume of 240,099 shares, the days-to-cover ratio is currently 4.4 days.

Hedge Funds Weigh In On Sprott Junior Uranium Miners ETF

Several hedge funds have recently bought and sold shares of URNJ. Allied Private Wealth LLC purchased a new stake in Sprott Junior Uranium Miners ETF during the 2nd quarter worth about $39,000. Raymond James Financial Inc. acquired a new stake in shares of Sprott Junior Uranium Miners ETF during the 2nd quarter worth about $55,000. Simplex Trading LLC acquired a new stake in shares of Sprott Junior Uranium Miners ETF during the 4th quarter worth about $74,000. Group One Trading LLC acquired a new stake in shares of Sprott Junior Uranium Miners ETF during the 4th quarter worth about $79,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Sprott Junior Uranium Miners ETF during the third quarter worth about $143,000.

Sprott Junior Uranium Miners ETF Price Performance

Shares of URNJ opened at $21.50 on Friday. Sprott Junior Uranium Miners ETF has a 1-year low of $19.12 and a 1-year high of $40.81. The firm has a 50 day simple moving average of $25.52 and a 200-day simple moving average of $29.43.

Sprott Junior Uranium Miners ETF Company Profile

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. URNJ was launched on Dec 3, 2019 and is managed by Sprott.