Global X Silver Miners ETF (NYSEARCA:SIL) Sees Large Drop in Short Interest

Global X Silver Miners ETF (NYSEARCA:SIL) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,557,309 shares, a decrease of 42.9% from the April 15th total of 2,726,373 shares. Based on an average daily volume of 1,756,465 shares, the short-interest ratio is currently 0.9 days. Approximately 2.6% of the shares of the company are sold short.

More Global X Silver Miners ETF News

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Negative Sentiment: Silver prices fell sharply as traders reacted to hotter U.S. CPI, higher rate-hike expectations, and a stronger dollar, which hurts demand for non-yielding metals and weighs on SIL holdings. Gold (XAUUSD) & Silver Price Forecast: Trump-Xi Summit + Hot CPI — Gold Crashes Below $4,600, Silver Below $78?
• Negative Sentiment: Precious metals came under additional pressure from a broader sell-off, with silver down notably alongside gold and platinum, reinforcing weakness across the sector. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 7.5% Amid Sell-Off In Precious Metals Markets
• Negative Sentiment: Silver dropped further as higher oil prices, rising yields, and a stronger U.S. dollar continued to pressure the metal, which can hurt near-term performance for silver miners. Gold and Silver Technical Analysis: Oil Shock Pressures Metals as Breakout Risks Build
• Negative Sentiment: UBS reportedly cut silver price outlooks, saying the expected supply deficit could narrow much more than previously thought in 2026, which may dampen enthusiasm for silver-related assets. Silver price outlooks chopped as supply deficit forecasted to narrow dramatically in 2026 – UBS
• Neutral Sentiment: Longer term, silver still has support from clean-energy, AI infrastructure, and industrial demand, which could help the ETF if near-term macro pressure eases. Clean Energy & Industrial Demand to Drive Long-Term Silver ETF Growth

Global X Silver Miners ETF Trading Down 7.5%

NYSEARCA SIL traded down $7.48 on Friday, reaching $91.60. 2,506,006 shares of the stock were exchanged, compared to its average volume of 3,266,950. Global X Silver Miners ETF has a one year low of $38.69 and a one year high of $119.24. The firm has a market capitalization of $5.48 billion, a PE ratio of 32.07 and a beta of 0.78. The company’s 50-day simple moving average is $93.81 and its two-hundred day simple moving average is $89.69.

Institutional Investors Weigh In On Global X Silver Miners ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its holdings in Global X Silver Miners ETF by 465.8% during the 4th quarter. SG Americas Securities LLC now owns 14,320 shares of the company’s stock valued at $1,196,000 after buying an additional 11,789 shares in the last quarter. Clifford Swan Investment Counsel LLC purchased a new position in shares of Global X Silver Miners ETF in the third quarter valued at $1,056,000. Cantor Fitzgerald L. P. purchased a new position in shares of Global X Silver Miners ETF in the third quarter valued at $717,000. Clear Creek Financial Management LLC purchased a new position in shares of Global X Silver Miners ETF in the fourth quarter valued at $3,822,000. Finally, Money Concepts Capital Corp purchased a new position in shares of Global X Silver Miners ETF in the third quarter valued at $553,000.

Global X Silver Miners ETF Company Profile

The Global X Silver Miners ETF (SIL) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of companies actively engaged in the silver mining industry. SIL was launched on Apr 19, 2010 and is managed by Global X.