Sprott Nickel Miners ETF (NASDAQ:NIKL) Short Interest Update

Posted by Wayne Rhoads on Feb 13th, 2025

Sprott Nickel Miners ETF (NASDAQ:NIKL – Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 34,200 shares, a decrease of 50.6% from the January 15th total of 69,200 shares. Based on an average daily trading volume, of 19,200 shares, the short-interest ratio is currently 1.8 days.

Institutional Trading of Sprott Nickel Miners ETF

An institutional investor recently bought a new position in Sprott Nickel Miners ETF stock. Sonoma Private Wealth LLC purchased a new position in Sprott Nickel Miners ETF (NASDAQ:NIKL – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 29,113 shares of the company’s stock, valued at approximately $310,000. Sonoma Private Wealth LLC owned approximately 3.64% of Sprott Nickel Miners ETF as of its most recent SEC filing.

Sprott Nickel Miners ETF Stock Performance

Shares of NASDAQ NIKL traded up $0.37 during mid-day trading on Thursday, hitting $10.37. The stock had a trading volume of 18,610 shares, compared to its average volume of 23,714. The business has a 50 day moving average price of $10.66 and a two-hundred day moving average price of $11.84. Sprott Nickel Miners ETF has a 1 year low of $9.47 and a 1 year high of $16.20. The firm has a market cap of $8.30 million, a P/E ratio of 5.13 and a beta of 0.86.

Sprott Nickel Miners ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 12th were paid a $0.3717 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

About Sprott Nickel Miners ETF

(Get Free Report)

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.