Short Interest in Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Drops By 34.9%

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 1,560,956 shares, a decline of 34.9% from the February 26th total of 2,398,570 shares. Based on an average daily volume of 6,997,873 shares, the short-interest ratio is currently 0.2 days. Currently, 1.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

Several large investors have recently made changes to their positions in the stock. Veracity Capital LLC lifted its position in Amplify Junior Silver Miners ETF by 3.4% in the 4th quarter. Veracity Capital LLC now owns 16,885 shares of the company’s stock valued at $467,000 after acquiring an additional 555 shares in the last quarter. Hurley Capital LLC increased its holdings in Amplify Junior Silver Miners ETF by 187.1% during the 4th quarter. Hurley Capital LLC now owns 913 shares of the company’s stock worth $25,000 after purchasing an additional 595 shares in the last quarter. Hollencrest Capital Management raised its stake in shares of Amplify Junior Silver Miners ETF by 1.5% in the 2nd quarter. Hollencrest Capital Management now owns 40,611 shares of the company’s stock valued at $601,000 after purchasing an additional 600 shares during the period. Comerica Bank raised its stake in shares of Amplify Junior Silver Miners ETF by 0.9% in the 4th quarter. Comerica Bank now owns 75,988 shares of the company’s stock valued at $2,103,000 after purchasing an additional 693 shares during the period. Finally, Nwam LLC lifted its holdings in shares of Amplify Junior Silver Miners ETF by 1.2% in the third quarter. Nwam LLC now owns 65,002 shares of the company’s stock valued at $1,501,000 after purchasing an additional 749 shares in the last quarter.

Amplify Junior Silver Miners ETF Stock Performance

NYSEARCA SILJ traded up $1.16 during trading hours on Friday, reaching $27.85. 6,888,843 shares of the company’s stock were exchanged, compared to its average volume of 11,069,018. The company’s 50-day moving average is $33.89 and its two-hundred day moving average is $28.13. Amplify Junior Silver Miners ETF has a one year low of $10.01 and a one year high of $41.10. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79.

Amplify Junior Silver Miners ETF Company Profile

The ETFMG Prime Junior Silver Miners ETF (SILJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a modified market-cap-weighted index of small-cap silver mining and exploration companies. SILJ was launched on Nov 28, 2012 and is managed by ETF Managers Group.