Global X Uranium Index ETF (TSE:HURA) Trading Down 4.2% – Time to Sell?

Global X Uranium Index ETF (TSE:HURAGet Free Report) fell 4.2% during trading on Tuesday . The stock traded as low as C$42.71 and last traded at C$42.71. 5,511 shares were traded during mid-day trading, a decline of 22% from the average session volume of 7,023 shares. The stock had previously closed at C$44.58.

Global X Uranium Index ETF Stock Down 4.2%

The company’s 50 day moving average is C$43.30 and its 200 day moving average is C$35.35.

About Global X Uranium Index ETF

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To achieve HURA’s investment objective, HURA invests and holds equity securities of the Constituent Issuers in substantially the same proportion as its Underlying Index. HURA seeks to replicate, to the extent possible, the performance of the Solactive Global Uranium PurePlay Index, net of expenses. The Solactive Global Uranium PurePlay Index is designed to provide exposure to the performance of a basket of issuers which (a) are primarily involved in the uranium mining and exploration industry, or (b) invest and participate directly in the physical price of uranium.

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