URA rebalance end of January

We've seen in the past some BIG rises (and volumes) in uranium stock prices when the ETFs rebalance.

URA rebalance is end of January (so I'm expecting some of the rebalance will start during the last week, ie 24th - 31st Jan)

What can we expect? Well URA has to sell around $100M of Cameco shares and redeploy that cash to other holdings like PEN.

There is a cap of 22.5% for any company included and Cameco now is at 25.3%.

Also some YCA and SPUT will be sold due to exceeding their threshold.

This ETF rebalance theoretically should boost the PEN share price (and it has done so in the past)

DISCLOSURE: Criticise uranium Twitter if you like, but plenty of knowledgeable people there IMO.. and this was something I read on Twitter and not of my own research. However, I'm just sharing it for those on HC that may miss this kind of information