Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Short Interest Down 48.5% in May

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 3,348,302 shares, a decrease of 48.5% from the May 14th total of 6,502,746 shares. Based on an average daily trading volume, of 4,487,724 shares, the short-interest ratio is presently 0.7 days. Approximately 2.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

A number of institutional investors have recently bought and sold shares of SILJ. Riggs Asset Managment Co. Inc. purchased a new position in shares of Amplify Junior Silver Miners ETF during the third quarter valued at about $4,180,000. Crabel Capital Management LLC purchased a new position in shares of Amplify Junior Silver Miners ETF during the third quarter valued at about $1,039,000. Capital Fund Management S.A. grew its position in shares of Amplify Junior Silver Miners ETF by 425.8% during the third quarter. Capital Fund Management S.A. now owns 836,576 shares of the company’s stock valued at $19,317,000 after purchasing an additional 677,480 shares in the last quarter. Hohimer Wealth Management LLC purchased a new position in shares of Amplify Junior Silver Miners ETF during the third quarter valued at about $5,964,000. Finally, Angeles Wealth Management LLC purchased a new position in shares of Amplify Junior Silver Miners ETF during the third quarter valued at about $645,000.

Amplify Junior Silver Miners ETF Stock Up 3.2%

SILJ stock traded up $0.85 during trading on Friday, reaching $27.18. The company’s stock had a trading volume of 6,943,440 shares, compared to its average volume of 8,063,895. Amplify Junior Silver Miners ETF has a 1 year low of $14.11 and a 1 year high of $41.10. The company has a market capitalization of $3.59 billion, a P/E ratio of 25.57 and a beta of 0.84. The company’s fifty day moving average is $30.21 and its 200-day moving average is $30.87.

About Amplify Junior Silver Miners ETF

The ETFMG Prime Junior Silver Miners ETF (SILJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a modified market-cap-weighted index of small-cap silver mining and exploration companies. SILJ was launched on Nov 28, 2012 and is managed by ETF Managers Group.