Traders Buy High Volume of Sprott Uranium Miners ETF Call Options (NYSEARCA:URNM)

Sprott Uranium Miners ETF (NYSEARCA:URNM) saw some unusual options trading activity on Friday. Stock traders purchased 36,206 call options on the company. This represents an increase of 652% compared to the typical daily volume of 4,815 call options.

Sprott Uranium Miners ETF Stock Performance

NYSEARCA:URNM opened at $75.95 on Friday. The stock has a 50-day simple moving average of $59.26 and a 200 day simple moving average of $55.80. Sprott Uranium Miners ETF has a 52-week low of $27.60 and a 52-week high of $76.66. The company has a market cap of $2.48 billion, a PE ratio of 7.69 and a beta of 1.00.

Sprott Uranium Miners ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, December 22nd. Investors of record on Thursday, December 18th were issued a dividend of $1.7432 per share. The ex-dividend date was Thursday, December 18th. This represents a yield of 339.0%.

Institutional Investors Weigh In On Sprott Uranium Miners ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Anatole Investment Management Ltd grew its stake in Sprott Uranium Miners ETF by 61.1% in the third quarter. Anatole Investment Management Ltd now owns 1,363,508 shares of the company’s stock valued at $82,397,000 after purchasing an additional 517,208 shares in the last quarter. Group One Trading LLC boosted its holdings in shares of Sprott Uranium Miners ETF by 99.5% in the 2nd quarter. Group One Trading LLC now owns 227,989 shares of the company’s stock valued at $10,928,000 after buying an additional 113,699 shares during the last quarter. Trek Financial LLC bought a new position in shares of Sprott Uranium Miners ETF in the second quarter valued at $8,771,000. Marks Wealth LLC acquired a new position in Sprott Uranium Miners ETF during the third quarter worth $9,581,000. Finally, Fielder Capital Group LLC raised its position in Sprott Uranium Miners ETF by 17.9% during the third quarter. Fielder Capital Group LLC now owns 142,188 shares of the company’s stock worth $8,592,000 after acquiring an additional 21,552 shares in the last quarter.

Sprott Uranium Miners ETF Company Profile

The Sprott Uranium Miners ETF (URNM) is an exchange-traded fund that is based on the North Shore Global Uranium Mining index, a market-cap-weighted index of global companies in the uranium industry. URNM was launched on Dec 3, 2019 and is managed by Sprott.