Global X Silver Miners ETF (NYSEARCA:SIL) Sets New 12-Month High – Still a Buy?

Global X Silver Miners ETF (NYSEARCA:SIL)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $118.58 and last traded at $117.92, with a volume of 1531147 shares traded. The stock had previously closed at $111.56.

Key Global X Silver Miners ETF News

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Large drop in short interest reduces short-pressure on SIL — short interest fell ~42.7% in January to ~1.38M shares, leaving only ~2.2% of shares short and a days‑to‑cover of ~0.4, which can amplify upside when buying resumes.
• Positive Sentiment: Miners are viewed as lagging the metal, implying upside if silver’s rally continues — analysts note SIL and junior miner funds haven’t fully caught up to silver’s gains, creating potential catch‑up for miner ETFs. Article Title
• Positive Sentiment: Retail/institutional demand for silver ETFs and physical metal is intense — record flows into silver ETFs and retail fervor are major drivers of the metal’s price, supporting miner profits and SIL performance. Article Title
• Neutral Sentiment: Global X sibling product declared a small CAD dividend (covered‑call ETF) — a corporate action within the family that may interest income‑focused investors but doesn’t directly change SIL’s fundamentals. Article Title
• Neutral Sentiment: Advisory pieces urge risk‑managed approaches as silver rallies — strategy articles outline ways to participate while limiting downside, indicating investor caution but not an outright sell signal. Article Title
• Negative Sentiment: Some analysts warn silver may be in a bubble and urge profit‑taking — Saxo Bank and others publicly cautioned that silver’s run looks stretched, which can trigger sharp pullbacks and weigh on SIL. Article Title
• Negative Sentiment: Calls to take profits and recent profit‑taking episodes increase short‑term volatility risk — HSBC and market reports highlight pockets of selling and note liquidity issues that could amplify swings in miner ETFs. Article Title
• Negative Sentiment: Liquidity and volatility concerns could produce sharp pullbacks — coverage highlights that silver’s thin liquidity vs. surge in demand raises downside risk for miners if flows reverse. Article Title

Global X Silver Miners ETF Stock Up 1.6%

The company’s fifty day moving average price is $85.74 and its two-hundred day moving average price is $70.21. The firm has a market cap of $7.09 billion, a PE ratio of 32.07 and a beta of 0.71.

Hedge Funds Weigh In On Global X Silver Miners ETF

A number of large investors have recently modified their holdings of the business. Root Financial Partners LLC purchased a new stake in shares of Global X Silver Miners ETF in the third quarter valued at approximately $27,000. Private Trust Co. NA lifted its holdings in Global X Silver Miners ETF by 925.0% in the third quarter. Private Trust Co. NA now owns 410 shares of the company’s stock valued at $29,000 after acquiring an additional 370 shares during the period. TD Waterhouse Canada Inc. boosted its position in shares of Global X Silver Miners ETF by 133.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Bogart Wealth LLC grew its stake in shares of Global X Silver Miners ETF by 3,080.0% during the 2nd quarter. Bogart Wealth LLC now owns 636 shares of the company’s stock worth $31,000 after purchasing an additional 616 shares during the period. Finally, Atlantic Union Bankshares Corp grew its stake in shares of Global X Silver Miners ETF by 661.7% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 457 shares of the company’s stock worth $33,000 after purchasing an additional 397 shares during the period.

Global X Silver Miners ETF Company Profile

The Global X Silver Miners ETF (SIL) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of companies actively engaged in the silver mining industry. SIL was launched on Apr 19, 2010 and is managed by Global X.