Short Interest in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) Increases By 72.0%

VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 222,080 shares, a growth of 72.0% from the June 30th total of 129,142 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 455,157 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On VanEck Uranium and Nuclear ETF

Large investors have recently made changes to their positions in the company. Collaborative Wealth Managment Inc. lifted its position in shares of VanEck Uranium and Nuclear ETF by 2.2% in the fourth quarter. Collaborative Wealth Managment Inc. now owns 3,213 shares of the company’s stock worth $399,000 after purchasing an additional 68 shares in the last quarter. Financial Freedom LLC raised its stake in shares of VanEck Uranium and Nuclear ETF by 11.8% during the 1st quarter. Financial Freedom LLC now owns 681 shares of the company’s stock worth $91,000 after purchasing an additional 72 shares in the last quarter. Beaumont Financial Advisors LLC raised its stake in shares of VanEck Uranium and Nuclear ETF by 0.7% during the 1st quarter. Beaumont Financial Advisors LLC now owns 12,065 shares of the company’s stock worth $1,607,000 after purchasing an additional 80 shares in the last quarter. Berger Financial Group Inc lifted its holdings in shares of VanEck Uranium and Nuclear ETF by 1.8% during the 1st quarter. Berger Financial Group Inc now owns 4,775 shares of the company’s stock valued at $636,000 after buying an additional 84 shares during the last quarter. Finally, NFSG Corp grew its stake in shares of VanEck Uranium and Nuclear ETF by 21.8% in the 1st quarter. NFSG Corp now owns 559 shares of the company’s stock valued at $74,000 after buying an additional 100 shares in the last quarter.

VanEck Uranium and Nuclear ETF Price Performance

NYSEARCA NLR opened at $106.83 on Friday. VanEck Uranium and Nuclear ETF has a 12 month low of $101.92 and a 12 month high of $168.12. The firm has a market capitalization of $3.81 billion, a PE ratio of 26.00 and a beta of 0.83. The company’s 50 day simple moving average is $118.24 and its 200 day simple moving average is $133.46.

About VanEck Uranium and Nuclear ETF

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.