Sprott Nickel Miners ETF (NASDAQ:NIKL) Short Interest Down 14.7% in January

Posted by Patrick Bannon on Feb 3rd, 2025

Sprott Nickel Miners ETF (NASDAQ:NIKL – Get Free Report) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 69,200 shares, a drop of 14.7% from the December 31st total of 81,100 shares. Based on an average daily volume of 14,600 shares, the short-interest ratio is currently 4.7 days.

Sprott Nickel Miners ETF Trading Down 1.1 %

NIKL traded down $0.11 during trading hours on Monday, hitting $9.85. The company’s stock had a trading volume of 190,139 shares, compared to its average volume of 26,230. Sprott Nickel Miners ETF has a fifty-two week low of $9.47 and a fifty-two week high of $16.20. The firm has a market capitalization of $7.88 million, a PE ratio of 5.13 and a beta of 0.86. The company has a 50-day simple moving average of $10.95 and a 200 day simple moving average of $11.97.

Sprott Nickel Miners ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were given a dividend of $0.3717 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Sprott Nickel Miners ETF Company Profile

(Get Free Report)

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.