Sprott Nickel Miners ETF (NASDAQ:NIKL) Short Interest Up 241.7% in June

Sprott Nickel Miners ETF (NASDAQ:NIKL) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 4,100 shares, a growth of 241.7% from the June 15th total of 1,200 shares. Based on an average daily volume of 49,600 shares, the short-interest ratio is presently 0.1 days.

Sprott Nickel Miners ETF Trading Up 1.0 %

NIKL stock traded up $0.13 during mid-day trading on Thursday, hitting $13.45. The stock had a trading volume of 14,384 shares, compared to its average volume of 27,857. The stock has a market capitalization of $12.64 million, a price-to-earnings ratio of 5.13 and a beta of 0.86. The company has a fifty day moving average of $14.17 and a 200 day moving average of $13.49. Sprott Nickel Miners ETF has a 1-year low of $12.15 and a 1-year high of $23.19.

Sprott Nickel Miners ETF Company Profile

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.