On July 17, Global X Uranium ETF declined 5.01% in regular trading, trading at $38.875 per share, with turnover of $128 million. This marks the second significant decline in the current week, following a 5.12% drop on July 14, indicating sustained selling pressure across the uranium investment space.
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the uranium industry. The fund is non-diversified.
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