VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) Sees Significant Increase in Short Interest

VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 533,147 shares, an increase of 79.0% from the July 30th total of 297,817 shares. Based on an average daily trading volume, of 347,663 shares, the short-interest ratio is presently 1.5 days. Approximately 1.5% of the shares of the company are short sold.

VanEck Uranium and Nuclear ETF Stock Performance

Shares of NYSEARCA NLR traded down $6.90 during trading on Friday, reaching $118.12. The stock had a trading volume of 570,791 shares, compared to its average volume of 511,170. The stock has a market cap of $4.20 billion, a PE ratio of 26.00 and a beta of 0.85. VanEck Uranium and Nuclear ETF has a one year low of $101.92 and a one year high of $168.12. The firm’s 50 day moving average price is $114.37 and its two-hundred day moving average price is $129.20.

Institutional Trading of VanEck Uranium and Nuclear ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Nvest Financial LLC purchased a new position in shares of VanEck Uranium and Nuclear ETF in the fourth quarter worth approximately $553,000. Dogwood Wealth Management LLC purchased a new stake in shares of VanEck Uranium and Nuclear ETF in the 4th quarter valued at approximately $2,447,000. UBS Group AG boosted its stake in VanEck Uranium and Nuclear ETF by 14.4% in the 4th quarter. UBS Group AG now owns 374,621 shares of the company’s stock worth $46,528,000 after purchasing an additional 47,222 shares during the period. NewEdge Advisors LLC boosted its stake in VanEck Uranium and Nuclear ETF by 12.3% in the 1st quarter. NewEdge Advisors LLC now owns 117,133 shares of the company’s stock worth $15,601,000 after purchasing an additional 12,866 shares during the period. Finally, Stonebridge Financial Planning Group LLC grew its position in VanEck Uranium and Nuclear ETF by 45.2% during the 4th quarter. Stonebridge Financial Planning Group LLC now owns 18,952 shares of the company’s stock worth $2,354,000 after purchasing an additional 5,902 shares in the last quarter.

VanEck Uranium and Nuclear ETF Company Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) 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 in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.