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

Sprott Nickel Miners ETF (NASDAQ:NIKL) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 69,200 shares, a decrease of 14.7% from the December 31st total of 81,100 shares. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is presently 4.7 days.

Sprott Nickel Miners ETF Price Performance

NIKL traded down $0.28 during trading on Friday, reaching $9.97. 57,044 shares of the stock traded hands, compared to its average volume of 18,037. Sprott Nickel Miners ETF has a fifty-two week low of $9.89 and a fifty-two week high of $16.20. The stock’s 50-day simple moving average is $10.95 and its two-hundred day simple moving average is $11.99. The stock has a market cap of $7.97 million, a price-to-earnings ratio of 5.13 and a beta of 0.86.

Sprott Nickel Miners ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 12th were issued a $0.3717 dividend. The ex-dividend date of this dividend 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.