Global X Uranium ETF (NYSEARCA:URA) Short Interest Update

Global X Uranium ETF (NYSEARCA:URA) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,310,562 shares, a drop of 25.0% from the January 29th total of 3,081,699 shares. Based on an average daily volume of 5,976,936 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.7% of the shares of the company are sold short. Approximately 1.7% of the shares of the company are sold short. Based on an average daily volume of 5,976,936 shares, the days-to-cover ratio is presently 0.4 days.

Global X Uranium ETF Trading Up 2.6%

Global X Uranium ETF stock traded up $1.39 on Monday, reaching $55.73. 3,181,910 shares of the stock were exchanged, compared to its average volume of 6,438,385. The firm has a fifty day moving average price of $51.90 and a two-hundred day moving average price of $48.42. The stock has a market cap of $7.70 billion, a PE ratio of 37.39 and a beta of 1.10. Global X Uranium ETF has a twelve month low of $19.50 and a twelve month high of $62.28.

Hedge Funds Weigh In On Global X Uranium ETF

Several large investors have recently added to or reduced their stakes in URA. Phoenix Financial Ltd. bought a new stake in shares of Global X Uranium ETF during the fourth quarter valued at approximately $90,486,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in Global X Uranium ETF in the third quarter worth about $60,255,000. Morgan Stanley boosted its holdings in Global X Uranium ETF by 38.4% during the fourth quarter. Morgan Stanley now owns 3,550,762 shares of the company’s stock valued at $151,724,000 after purchasing an additional 985,807 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Global X Uranium ETF by 7,374.0% in the 4th quarter. Millennium Management LLC now owns 794,482 shares of the company’s stock worth $33,948,000 after buying an additional 783,852 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of Global X Uranium ETF by 761.3% during the 4th quarter. Corient Private Wealth LLC now owns 520,248 shares of the company’s stock worth $22,230,000 after buying an additional 459,848 shares during the period.

About Global X Uranium ETF

The Global X Uranium ETF (URA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies involved in uranium mining and the production of nuclear components. URA was launched on Nov 4, 2010 and is managed by Global X.