Short Interest in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Increases By 233.3%

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 69,333 shares, an increase of 233.3% from the May 31st total of 20,804 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 70,437 shares, the short-interest ratio is presently 1.0 days.

Sprott Junior Gold Miners ETF Stock Performance

Sprott Junior Gold Miners ETF stock traded up $2.11 on Friday, reaching $77.73. The company’s stock had a trading volume of 96,423 shares, compared to its average volume of 89,094. The business’s fifty day moving average price is $87.50 and its 200 day moving average price is $91.74. Sprott Junior Gold Miners ETF has a twelve month low of $47.39 and a twelve month high of $115.78. The company has a market cap of $289.93 million, a price-to-earnings ratio of 16.26 and a beta of 0.95.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SGDJ. Caitlin John LLC acquired a new stake in Sprott Junior Gold Miners ETF during the 4th quarter worth approximately $30,000. Simplex Trading LLC acquired a new position in Sprott Junior Gold Miners ETF during the fourth quarter valued at approximately $34,000. Farther Finance Advisors LLC boosted its holdings in shares of Sprott Junior Gold Miners ETF by 42.0% in the 4th quarter. Farther Finance Advisors LLC now owns 514 shares of the company’s stock valued at $43,000 after buying an additional 152 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of Sprott Junior Gold Miners ETF by 8.2% in the 4th quarter. Sunbelt Securities Inc. now owns 1,667 shares of the company’s stock valued at $140,000 after acquiring an additional 127 shares during the period. Finally, FNY Investment Advisers LLC bought a new position in Sprott Junior Gold Miners ETF during the fourth quarter worth about $143,000.

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.