Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Short Interest Update

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 3,348,302 shares, a drop of 48.5% from the May 14th total of 6,502,746 shares. Based on an average daily trading volume, of 4,487,724 shares, the days-to-cover ratio is presently 0.7 days. Currently, 2.5% of the company’s stock are sold short.

Amplify Junior Silver Miners ETF Stock Performance

SILJ stock opened at $29.11 on Tuesday. Amplify Junior Silver Miners ETF has a 1 year low of $14.11 and a 1 year high of $41.10. The firm has a market cap of $3.85 billion, a P/E ratio of 25.57 and a beta of 0.84. The stock has a 50-day simple moving average of $30.18 and a 200-day simple moving average of $30.96.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

Hedge funds have recently bought and sold shares of the business. Contravisory Investment Management Inc. acquired a new stake in Amplify Junior Silver Miners ETF during the 4th quarter valued at approximately $25,000. Hurley Capital LLC grew its stake in Amplify Junior Silver Miners ETF by 187.1% during the 4th quarter. Hurley Capital LLC now owns 913 shares of the company’s stock valued at $25,000 after purchasing an additional 595 shares in the last quarter. SJS Investment Consulting Inc. acquired a new stake in Amplify Junior Silver Miners ETF during the 1st quarter valued at approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in Amplify Junior Silver Miners ETF during the 4th quarter valued at approximately $29,000. Finally, SouthState Bank Corp acquired a new stake in Amplify Junior Silver Miners ETF during the 4th quarter valued at approximately $32,000.

Amplify Junior Silver Miners ETF Company Profile

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.