Sprott Nickel Miners ETF (NASDAQ:NIKL) Short Interest Down 82.3% in June

Posted by Latisha Jones on Jun 27th, 2026

Sprott Nickel Miners ETF (NASDAQ:NIKL – Get Free Report) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 40,243 shares, a decline of 82.3% from the May 31st total of 227,453 shares. Based on an average trading volume of 146,670 shares, the short-interest ratio is presently 0.3 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in NIKL. Royal Bank of Canada acquired a new stake in Sprott Nickel Miners ETF in the fourth quarter worth $27,000. AdvisorNet Financial Inc lifted its stake in Sprott Nickel Miners ETF by 921.7% in the first quarter. AdvisorNet Financial Inc now owns 3,065 shares of the company’s stock valued at $49,000 after buying an additional 2,765 shares during the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Sprott Nickel Miners ETF during the fourth quarter valued at $79,000. Moors & Cabot Inc. acquired a new position in shares of Sprott Nickel Miners ETF during the fourth quarter valued at $168,000. Finally, Sprott Inc. bought a new position in shares of Sprott Nickel Miners ETF during the fourth quarter worth about $268,000.

Sprott Nickel Miners ETF Stock Performance

Shares of Sprott Nickel Miners ETF stock traded down $0.04 on Friday, reaching $12.89. 244,771 shares of the company were exchanged, compared to its average volume of 275,659. The company’s 50-day moving average is $15.62 and its two-hundred day moving average is $16.58. The firm has a market cap of $57.23 million, a price-to-earnings ratio of 18.88 and a beta of 0.79. Sprott Nickel Miners ETF has a 1-year low of $11.24 and a 1-year high of $21.85.

About Sprott Nickel Miners ETF

(Get Free Report)

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.