Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Short Interest Up 60.5% in August

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 860,882 shares, a growth of 60.5% from the July 30th total of 536,367 shares. Currently, 5.9% of the shares of the company are sold short. Based on an average daily volume of 287,287 shares, the days-to-cover ratio is currently 3.0 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Compass Financial Management LLC acquired a new position in Sprott Junior Uranium Miners ETF during the 2nd quarter worth $215,000. TD Waterhouse Canada Inc. bought a new position in shares of Sprott Junior Uranium Miners ETF in the second quarter worth about $32,000. WIT Partners Advisory Pte. Ltd. increased its stake in shares of Sprott Junior Uranium Miners ETF by 44.5% in the second quarter. WIT Partners Advisory Pte. Ltd. now owns 58,150 shares of the company’s stock worth $1,351,000 after purchasing an additional 17,900 shares during the period. Allied Private Wealth LLC acquired a new position in shares of Sprott Junior Uranium Miners ETF during the 2nd quarter worth about $39,000. Finally, Tactive Advisors LLC lifted its position in shares of Sprott Junior Uranium Miners ETF by 5.4% during the 2nd quarter. Tactive Advisors LLC now owns 32,880 shares of the company’s stock worth $764,000 after purchasing an additional 1,685 shares during the last quarter.

Sprott Junior Uranium Miners ETF Trading Up 0.9%

URNJ stock traded up $0.23 during midday trading on Monday, hitting $25.86. 74,192 shares of the company traded hands, compared to its average volume of 408,178. Sprott Junior Uranium Miners ETF has a twelve month low of $20.60 and a twelve month high of $40.81. The business has a 50 day simple moving average of $23.72 and a 200-day simple moving average of $27.77.

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.