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Sprott Junior Uranium Miners ETF (URNJ) Short Interest Ratio & Short Volume

Sprott Junior Uranium Miners ETF logo
$22.73
-0.46 (-1.98%)
(As of 11/1/2024 ET)

Sprott Junior Uranium Miners ETF Short Interest Data

Sprott Junior Uranium Miners ETF (URNJ) has a short interest of 724,100 shares. This marks a 19.49% increase in short interest from the previous month. The short interest ratio (days to cover) is 3.1, indicating that it would take 3.1 days of the average trading volume of 229,131 shares to cover all short positions.

Current Short Interest
724,100 shares
Previous Short Interest
606,000 shares
Change Vs. Previous Month
+19.49%
Dollar Volume Sold Short
$17.22 million
Short Interest Ratio
3.1 Days to Cover
Last Record Date
October 15, 2024
Outstanding Shares
13,140,000 shares
Percentage of Shares Shorted
5.51%
Today's Trading Volume
87,216 shares
Average Trading Volume
229,131 shares
Today's Volume Vs. Average
38%
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URNJ Short Interest Over Time

URNJ Days to Cover Over Time

URNJ Percentage of Float Shorted Over Time

Sprott Junior Uranium Miners ETF Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/15/2024724,100 shares $17.22 million +19.5%N/A3.1 $23.78
9/30/2024606,000 shares $13.37 million -22.8%N/A2.7 $22.07
9/15/2024784,800 shares $14.76 million +32.8%N/A3.4 $18.81
8/31/2024591,200 shares $11.67 million +7.5%N/A2.7 $19.74
8/15/2024549,800 shares $10.76 million +13.1%N/A3.1 $19.57
7/31/2024486,000 shares $11.05 million -6.5%N/A2.4 $22.74
7/15/2024519,800 shares $13.35 million +3.4%N/A2.8 $25.69
6/30/2024502,700 shares $12.02 million +7.6%N/A2.7 $23.92
6/15/2024467,100 shares $11.69 million +5.3%N/A2.5 $25.02
5/31/2024443,600 shares $12.82 million +10.1%N/A2.5 $28.90
5/15/2024402,800 shares $11.38 million +3.6%N/A2 $28.25
4/30/2024388,800 shares $9.77 million -19.5%N/A1.7 $25.12
4/15/2024482,800 shares $12.75 million +17.4%N/A1.9 $26.41
3/31/202422,100 shares $562,003.00 -92.7%N/A0.2 $25.43
3/15/2024304,600 shares $7.40 million -35.7%N/A1.1 $24.30
2/29/2024474,000 shares $11.53 million -5.6%N/A1.6 $24.32
2/15/2024501,900 shares $13.36 million -39.9%N/A1.7 $26.61
1/31/2024835,100 shares $23.28 million No ChangeN/A3.2 $27.88

URNJ Short Interest - Frequently Asked Questions

What is Sprott Junior Uranium Miners ETF's current short interest?

Short interest is the volume of Sprott Junior Uranium Miners ETF shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 724,100 shares of URNJ short. Learn More on Sprott Junior Uranium Miners ETF's current short interest.

What is a good short interest ratio for Sprott Junior Uranium Miners ETF?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. URNJ shares currently have a short interest ratio of 3.0. Learn More on Sprott Junior Uranium Miners ETF's short interest ratio.

Is Sprott Junior Uranium Miners ETF's short interest increasing or decreasing?

Sprott Junior Uranium Miners ETF saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 724,100 shares, an increase of 19.5% from the previous total of 606,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does Sprott Junior Uranium Miners ETF's short interest compare to its competitors?
Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short Sprott Junior Uranium Miners ETF stock?

Short selling URNJ is an investing strategy that aims to generate trading profit from Sprott Junior Uranium Miners ETF as its price is falling. URNJ shares are trading down $0.46 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Sprott Junior Uranium Miners ETF?

A short squeeze for Sprott Junior Uranium Miners ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of URNJ, which in turn drives the price of the stock up even further.

How often is Sprott Junior Uranium Miners ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including URNJ, twice per month. The most recent reporting period available is October, 15 2024.




This page (NASDAQ:URNJ) was last updated on 11/2/2024 by MarketBeat.com Staff
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