Sprott Nickel Miners ETF (NASDAQ:NIKL) Short Interest Update

Sprott Nickel Miners ETF (NASDAQ:NIKL) was the recipient of a significant drop in short interest in 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 trading volume, of 14,600 shares, the short-interest ratio is currently 4.7 days.

Sprott Nickel Miners ETF Stock Down 2.8 %

Shares of NASDAQ NIKL traded down $0.28 during trading on Friday, reaching $9.97. The company had a trading volume of 57,044 shares, compared to its average volume of 18,037. Sprott Nickel Miners ETF has a 12 month low of $9.89 and a 12 month high of $16.20. The company’s fifty day moving average price is $10.95 and its 200-day moving average price is $11.99. The stock has a market cap of $7.97 million, a P/E ratio of 5.13 and a beta of 0.86.

Sprott Nickel Miners ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were issued a dividend of $0.3717 per share. The ex-dividend date was Thursday, December 12th.

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.