Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Short Interest Update

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 209,532 shares, a decline of 23.6% from the December 15th total of 274,085 shares. Approximately 5.1% of the shares of the stock are short sold. Based on an average daily volume of 82,272 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily volume of 82,272 shares, the days-to-cover ratio is presently 2.5 days. Approximately 5.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC acquired a new position in shares of Sprott Junior Gold Miners ETF during the 3rd quarter worth approximately $26,000. AdvisorNet Financial Inc boosted its stake in shares of Sprott Junior Gold Miners ETF by 82.5% during the third quarter. AdvisorNet Financial Inc now owns 365 shares of the company’s stock valued at $26,000 after acquiring an additional 165 shares during the last quarter. Financial Consulate Inc. purchased a new stake in Sprott Junior Gold Miners ETF during the 3rd quarter worth about $28,000. Optimum Investment Advisors acquired a new position in Sprott Junior Gold Miners ETF in the 3rd quarter valued at about $32,000. Finally, Steward Partners Investment Advisory LLC purchased a new position in Sprott Junior Gold Miners ETF in the 2nd quarter valued at about $36,000.

Sprott Junior Gold Miners ETF Trading Up 1.0%

Shares of SGDJ stock traded up $0.92 during mid-day trading on Friday, reaching $94.13. The stock had a trading volume of 178,962 shares, compared to its average volume of 70,433. The company has a market cap of $394.40 million, a P/E ratio of 16.26 and a beta of 0.90. Sprott Junior Gold Miners ETF has a 12-month low of $35.35 and a 12-month high of $94.57. The business has a 50-day simple moving average of $83.92 and a 200 day simple moving average of $69.58.

Sprott Junior Gold Miners ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were given a dividend of $7.044 per share. The ex-dividend date was Thursday, December 18th. This represents a yield of 575.0%.

About Sprott Junior Gold Miners ETF

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.