Global X Silver Miners ETF (NYSEARCA:SIL) Sees Significant Growth in Short Interest

Global X Silver Miners ETF (NYSEARCA:SILGet Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 2,402,669 shares, an increase of 33.2% from the December 15th total of 1,803,172 shares. Approximately 4.0% of the company’s shares are short sold. Based on an average trading volume of 3,114,375 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 3,114,375 shares, the short-interest ratio is presently 0.8 days. Approximately 4.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. AE Wealth Management LLC lifted its stake in Global X Silver Miners ETF by 26.9% in the 2nd quarter. AE Wealth Management LLC now owns 995 shares of the company’s stock worth $48,000 after acquiring an additional 211 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of Global X Silver Miners ETF by 31.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock valued at $43,000 after purchasing an additional 213 shares during the period. Aptus Capital Advisors LLC lifted its position in shares of Global X Silver Miners ETF by 45.3% in the third quarter. Aptus Capital Advisors LLC now owns 722 shares of the company’s stock worth $52,000 after purchasing an additional 225 shares in the last quarter. Creative Planning boosted its holdings in shares of Global X Silver Miners ETF by 1.2% during the second quarter. Creative Planning now owns 19,867 shares of the company’s stock worth $956,000 after purchasing an additional 236 shares during the period. Finally, Anson Capital Inc. grew its position in Global X Silver Miners ETF by 3.8% during the second quarter. Anson Capital Inc. now owns 6,991 shares of the company’s stock valued at $337,000 after purchasing an additional 255 shares in the last quarter.

Global X Silver Miners ETF Stock Up 2.0%

Shares of SIL stock traded up $1.95 during trading hours on Friday, reaching $98.35. 5,120,813 shares of the stock traded hands, compared to its average volume of 3,618,459. The firm has a market capitalization of $5.96 billion, a PE ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a 1-year low of $32.45 and a 1-year high of $98.40. The business has a fifty day moving average price of $80.31 and a 200 day moving average price of $67.23.

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About Global X Silver Miners ETF

(Get Free Report)

The Global X Silver Miners ETF (SIL) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of companies actively engaged in the silver mining industry. SIL was launched on Apr 19, 2010 and is managed by Global X.

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