Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Sees Large Growth in Short Interest

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 22,953 shares, a growth of 25.4% from the January 15th total of 18,302 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 183,188 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 183,188 shares, the short-interest ratio is presently 0.1 days. Currently, 0.6% of the shares of the company are short sold.

Sprott Junior Gold Miners ETF Trading Up 4.8%

SGDJ stock traded up $4.71 during mid-day trading on Monday, hitting $102.13. 79,315 shares of the company were exchanged, compared to its average volume of 120,414. Sprott Junior Gold Miners ETF has a 1-year low of $36.29 and a 1-year high of $113.00. The stock has a market capitalization of $410.56 million, a PE ratio of 16.26 and a beta of 0.90. The business has a 50 day simple moving average of $92.87 and a 200-day simple moving average of $76.61.

Sprott Junior Gold Miners ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were issued a $7.044 dividend. This represents a yield of 575.0%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Investors Weigh In On Sprott Junior Gold Miners ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new position in shares of Sprott Junior Gold Miners ETF in the third quarter valued at about $26,000. AdvisorNet Financial Inc grew its position in shares of Sprott Junior Gold Miners ETF by 82.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 365 shares of the company’s stock worth $26,000 after purchasing an additional 165 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of Sprott Junior Gold Miners ETF during the third quarter worth approximately $28,000. Optimum Investment Advisors bought a new position in shares of Sprott Junior Gold Miners ETF during the third quarter worth approximately $32,000. Finally, Simplex Trading LLC acquired a new stake in shares of Sprott Junior Gold Miners ETF in the fourth quarter valued at approximately $34,000.

Sprott Junior Gold Miners ETF Company Profile

The Sprott Junior Gold Miners ETF (SGDJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of small-cap gold mining firms. Stocks are weighted by price momentum for gold explorers and by revenue growth for gold developers. SGDJ was launched on Mar 31, 2015 and is managed by Sprott.