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

Short interest is the volume of Sprott Junior Uranium Miners ETF shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 486,300 shares of URNJ short. Learn More on Sprott Junior Uranium Miners ETF's current short interest.

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 2.0. Learn More on Sprott Junior Uranium Miners ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Sprott Junior Uranium Miners ETF: Wolverine Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Sprott Junior Uranium Miners ETF saw a drop in short interest in October. As of October 31st, there was short interest totaling 486,300 shares, a drop of 32.8% from the previous total of 724,100 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.

Here is how the short interest of companies compare to Sprott Junior Uranium Miners ETF: Global X FinTech Thematic ETF (1.74%), VanEck Video Gaming and eSports ETF (0.36%), Global X Cloud Computing ETF (1.59%), First Trust Indxx NextG ETF (0.00%), Global X Internet of Things Thematic ETF (0.07%), Valkyrie Bitcoin Miners ETF (6.18%), iShares USD Green Bond ETF (0.05%), WisdomTree China ex-State-Owned Enterprises Fund (0.69%), VanEck Digital Transformation ETF (1.40%), REX FANG & Innovation Equity Premium Income ETF (1.37%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

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 up $0.49 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.

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.

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, 31 2024.