Global X Uranium Index ETF (TSE:HURA) Stock Price Down 1.8% – Should You Sell?

Global X Uranium Index ETF (TSE:HURA)’s share price traded down 1.8% during trading on Monday . The company traded as low as C$50.28 and last traded at C$50.91. 19,091 shares traded hands during trading, an increase of 97% from the average session volume of 9,715 shares. The stock had previously closed at C$51.82.

Global X Uranium Index ETF Stock Performance

The stock has a 50-day moving average price of C$57.95 and a 200 day moving average price of C$46.91.

About Global X Uranium Index ETF

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.