The Amplify Junior Silver Miners ETF (SILJ) reported a significant $313.3 million outflow this week, marking a 7.6% decrease in shares outstanding from 148.2 million to 136.95 million. This movement occurred in the context of declining stock prices for major holdings, including Hecla Mining Co (down 0.8%), Hycroft Mining Holding Corp (down 4.4%), and Perpetua Resources Corp (down 1.3%).
SILJ’s current trading price is $27.72, within a 52-week range of $10.01 to $41.10. The decrease in shares could indicate potential selling pressure on the underlying assets as investors react to market conditions.
