On June 3, Global X Uranium ETF declined 5.06% in regular trading, trading at $50.58 USD/share, with trading volume of $119 million. The decline comes one session after the ETF surged over 5% on news of India-Australia uranium supply cooperation and Urenco USA announcing a multi-billion dollar expansion of its New Mexico enrichment facility.
The fund invests at least 80% of its total assets in securities of its underlying index, including ADRs and GDRs. The underlying index is designed to measure broad-based equity market performance of global companies involved in the uranium industry. The fund is non-diversified.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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