Global X Uranium ETF (NYSEARCA:URA) Short Interest Update

Global X Uranium ETF (NYSEARCA:URA) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 3,271,677 shares, a drop of 34.3% from the December 31st total of 4,983,079 shares. Approximately 2.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,236,361 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 6,236,361 shares, the short-interest ratio is presently 0.5 days. Approximately 2.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd bought a new stake in Global X Uranium ETF in the 3rd quarter worth $60,255,000. Bensler LLC purchased a new position in Global X Uranium ETF during the third quarter valued at $19,836,000. National Bank of Canada FI lifted its position in Global X Uranium ETF by 11,792.0% during the 3rd quarter. National Bank of Canada FI now owns 388,631 shares of the company’s stock valued at $18,529,000 after acquiring an additional 385,363 shares during the period. Stonebridge Financial Group LLC boosted its position in shares of Global X Uranium ETF by 181,860.0% in the 2nd quarter. Stonebridge Financial Group LLC now owns 363,920 shares of the company’s stock worth $14,124,000 after purchasing an additional 363,720 shares in the last quarter. Finally, Trilogy Capital Inc. bought a new stake in Global X Uranium ETF in the fourth quarter worth $11,015,000.

Global X Uranium ETF Stock Performance

URA traded down $1.72 during midday trading on Monday, hitting $53.27. The stock had a trading volume of 7,596,485 shares, compared to its average volume of 7,709,823. Global X Uranium ETF has a 1 year low of $19.50 and a 1 year high of $62.28. The business has a fifty day moving average of $49.09 and a 200 day moving average of $46.69. The company has a market cap of $7.00 billion, a P/E ratio of 37.39 and a beta of 1.10.

About Global X Uranium ETF

The Global X Uranium ETF (URA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies involved in uranium mining and the production of nuclear components. URA was launched on Nov 4, 2010 and is managed by Global X.