Global X Silver Miners ETF (NYSEARCA:SIL) Short Interest Down 29.4% in February

Global X Silver Miners ETF (NYSEARCA:SIL) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,643,668 shares, a decrease of 29.4% from the January 29th total of 2,327,531 shares. Based on an average daily volume of 3,890,540 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.5% of the shares of the stock are short sold. Currently, 2.5% of the shares of the stock are short sold. Based on an average daily volume of 3,890,540 shares, the days-to-cover ratio is presently 0.4 days.

Key Headlines Impacting Global X Silver Miners ETF

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Sharp silver strength and rising safe‑haven demand — analysts and price forecasts show silver rallying amid geopolitical risk and a strong PPI print, supporting mining equities and related ETFs. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Gains 6 Amid Rising Demand For Precious Metals
• Positive Sentiment: High‑profile buying and bullish narrative — Eric Sprott publicly promotes a dramatic silver target and describes a “massive mining sweep,” amplifying speculative and allocation flows into silver miners. That narrative can lift sentiment and fund flows into SIL. The banks have lost control: Eric Sprott on the $300 silver squeeze and his massive mining sweep
• Positive Sentiment: Reduced short interest — short interest in SIL fell ~29% in February (to ~1.64M shares), lowering potential downward pressure from shorts and reducing a structural headwind for further upward moves.
• Positive Sentiment: Macro support from gold outperformance — analysts note gold has resumed outperformance versus the dollar, a positive crossover that often boosts silver and miner equities by correlation and risk‑off flows. Gold back in outperformance mode, silver surge adds to bullish case
• Neutral Sentiment: Mixed forecasts and event risk — several price‑forecast pieces flag upside for precious metals but note risks from a hawkish Fed, tariffs and USD strength; these create a conditional outlook for miners rather than a guaranteed rally. Gold (XAUUSD) & Silver Price Forecast: Tariffs vs. Fed Policy – Gold’s $5,250 Break?
• Negative Sentiment: Market infrastructure disruption — a CME outage interrupted a silver rally, creating intraday confusion and suspicion that dampened orderly price discovery; such interruptions can cause short‑term volatility and hurt liquidity for miner ETFs. CME outage derails silver rally at critical moment, sparking confusion, suspicion and outrage
• Negative Sentiment: Profit‑taking and intermittent pullbacks — several reports note short-term profit taking pushed silver down in recent sessions, which can create choppy trading for SIL despite the broader uptrend. Silver leads gold lower on profit‑taking pressure

Global X Silver Miners ETF Stock Up 1.2%

SIL stock traded up $1.41 during trading on Friday, hitting $118.03. The company had a trading volume of 5,024,676 shares, compared to its average volume of 4,633,337. The firm has a 50-day moving average price of $98.41 and a 200-day moving average price of $78.68. Global X Silver Miners ETF has a 12 month low of $33.11 and a 12 month high of $119.24. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71.

Hedge Funds Weigh In On Global X Silver Miners ETF

Large investors have recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in shares of Global X Silver Miners ETF by 620.3% in the 1st quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock valued at $8,288,000 after buying an additional 180,917 shares during the period. NewEdge Advisors LLC grew its stake in Global X Silver Miners ETF by 120.6% in the first quarter. NewEdge Advisors LLC now owns 14,781 shares of the company’s stock valued at $583,000 after acquiring an additional 8,082 shares during the period. CWM LLC bought a new stake in shares of Global X Silver Miners ETF in the second quarter worth about $107,000. Y Intercept Hong Kong Ltd bought a new position in shares of Global X Silver Miners ETF during the 2nd quarter valued at about $929,000. Finally, Kovack Advisors Inc. acquired a new position in shares of Global X Silver Miners ETF in the 2nd quarter valued at approximately $1,191,000.

Global X Silver Miners ETF Company Profile

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.