The Global X Uranium ETF URA listed on 4/11 and continues to buy EXT and KAH stock on a daily basis. They have already reached total funds of US$118m. In the last two weeks +US$50m inflow.
The ETF holding in KAH and EXT is 1,512,000 and 594,000 shares respectively. From my monitoring I have seen in the last week alone the fund has bought +277k KAH shares and +109k EXT shares. So no doubt this is having an impact on share prices and with the big inflow of smart money creates a self fulfilling prophecy. The shorters should be aware - they WILL be burnt!
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