Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Sees Significant Drop in Short Interest

Amplify Junior Silver Miners ETF (NYSEARCA:SILJGet Free Report) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 3,348,302 shares, a decrease of 48.5% from the May 14th total of 6,502,746 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average daily volume of 4,487,724 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

A number of large investors have recently made changes to their positions in the business. Group One Trading LLC acquired a new position in shares of Amplify Junior Silver Miners ETF in the 4th quarter valued at about $103,932,000. Cetera Investment Advisers increased its holdings in shares of Amplify Junior Silver Miners ETF by 1.1% in the 4th quarter. Cetera Investment Advisers now owns 3,572,063 shares of the company’s stock valued at $98,839,000 after purchasing an additional 37,658 shares during the period. UBS Group AG increased its holdings in shares of Amplify Junior Silver Miners ETF by 427.3% in the 4th quarter. UBS Group AG now owns 1,147,074 shares of the company’s stock valued at $31,740,000 after purchasing an additional 929,543 shares during the period. LPL Financial LLC increased its holdings in shares of Amplify Junior Silver Miners ETF by 33.0% in the 4th quarter. LPL Financial LLC now owns 1,114,267 shares of the company’s stock valued at $30,832,000 after purchasing an additional 276,273 shares during the period. Finally, Electrum Group LLC acquired a new position in shares of Amplify Junior Silver Miners ETF in the 4th quarter valued at about $29,126,000.

Amplify Junior Silver Miners ETF Stock Up 7.1%

Shares of SILJ traded up $1.93 during trading hours on Monday, reaching $29.11. The company’s stock had a trading volume of 6,815,539 shares, compared to its average volume of 8,052,488. The firm has a market cap of $3.85 billion, a price-to-earnings ratio of 25.57 and a beta of 0.84. Amplify Junior Silver Miners ETF has a 1-year low of $14.11 and a 1-year high of $41.10. The company has a 50 day moving average of $30.18 and a two-hundred day moving average of $30.96.

Amplify Junior Silver Miners ETF Company Profile

(Get Free Report)

The ETFMG Prime Junior Silver Miners ETF (SILJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a modified market-cap-weighted index of small-cap silver mining and exploration companies. SILJ was launched on Nov 28, 2012 and is managed by ETF Managers Group.

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