Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Short Interest Up 25.4% in January

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 22,953 shares, an increase of 25.4% from the January 15th total of 18,302 shares. Based on an average daily trading volume, of 183,188 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 183,188 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SGDJ. Farther Finance Advisors LLC raised its position in Sprott Junior Gold Miners ETF by 42.0% during the fourth quarter. Farther Finance Advisors LLC now owns 514 shares of the company’s stock valued at $43,000 after purchasing an additional 152 shares in the last quarter. AdvisorNet Financial Inc increased its position in shares of Sprott Junior Gold Miners ETF by 82.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 365 shares of the company’s stock valued at $26,000 after purchasing an additional 165 shares during the last quarter. Willis Johnson & Associates Inc. lifted its position in Sprott Junior Gold Miners ETF by 6.2% in the 4th quarter. Willis Johnson & Associates Inc. now owns 3,235 shares of the company’s stock worth $272,000 after buying an additional 190 shares during the last quarter. Financial Consulate Inc. purchased a new stake in Sprott Junior Gold Miners ETF in the third quarter worth approximately $28,000. Finally, Simplex Trading LLC bought a new position in Sprott Junior Gold Miners ETF during the fourth quarter valued at approximately $34,000.

Sprott Junior Gold Miners ETF Stock Down 3.7%

Shares of SGDJ stock traded down $3.77 during trading on Tuesday, hitting $98.36. The company had a trading volume of 64,476 shares, compared to its average volume of 118,570. The stock’s 50-day moving average is $93.27 and its two-hundred day moving average is $76.99. The stock has a market capitalization of $395.42 million, a price-to-earnings ratio of 16.26 and a beta of 0.90. Sprott Junior Gold Miners ETF has a 52 week low of $36.29 and a 52 week high of $113.00.

Sprott Junior Gold Miners ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Stockholders 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 dividend yield of 575.0%.

Sprott Junior Gold Miners ETF Company Profile

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.