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 April 15th, investors have sold 482,800 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: Simplex Trading LLC, and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Sprott Junior Uranium Miners ETF saw a increase in short interest in April. As of April 15th, there was short interest totaling 482,800 shares, an increase of 17.4% from the previous total of 411,300 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: iShares USD Green Bond ETF (0.10%), Global X FinTech Thematic ETF (0.42%), VictoryShares Core Plus Intermediate Bond ETF (0.14%), First Trust Indxx NextG ETF (0.01%), WisdomTree China ex-State-Owned Enterprises Fund (0.46%), iShares MSCI Global Sustainable Development Goals ETF (0.00%), Global X Internet of Things ETF (0.58%), Wahed FTSE USA Shariah ETF (0.33%), VanEck Video Gaming and eSports ETF (0.24%), Global X Cloud Computing ETF (1.50%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 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 $1.26 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 April, 15 2024.