Hey @raymon68 - with regard to State Street lodging multiple "Ceasing...", "Becoming...", and "Change of..." notices with companies like BOE, please remember that State Street has more than 130 ETFs listed and they are one of the three largest ETF providers in the world. State Street has US$41.8 trillion in assets under custody and/or administration and $4.1 trillion in assets under management as of December 31, 2023; they operate globally in more than 100 geographic markets and employ approximately 46,000 worldwide.

See here: State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt | State Street Bank and Trust Company

Because their ETFs are open-ended, as people buy into their mining and uranium/energy-specific ETFs, they need to buy more BOE shares on market for every ETF that includes BOE that State Street manages. On the flip side, as demand for those same ETFs decreases, State Street are selling those shares. This is why these notices keep getting lodged. There is often no further motive behind them than ETF flows. These large ETF providers, alongside Prime Brokers, will usually lend their stock to shorters wherever there is demand because they can earn additional fees by doing that, but State Street aren't out there buying shares specifically to go long or to short BOE, they are doing it because of their ETF flows. Same with BlackRock. Same with Vanguard. It's all about ETF flows with those three.

Further Reading: Half way down this post: https://strawman.com/forums/topic/9101#post-26342

[SPDR is State Street]

SPDR S&P Metals & Mining ETF (NYSEARCA: XME)

Launched in 2006 and managed by State Street Global Advisors, the SPDR S&P Metals & Mining ETF is an ETF that tracks the S&P Metals & Mining Select Industry Index and seeks to replicate its results.

The index is made up of companies in the metals and mining sector. 

This includes companies involved in copper, iron, and steel production and oil, gas, and coal production.

The fund’s total assets under management of US$1.92 billion, and it holds 35 stocks in its portfolio. Its top holdings are Uranium Energy Corp (5.12%), Cleveland-Cliffs Inc (4.71%), Royal Gold Inc (4.62%), and Newmont Corp (4.61%).

The ETF has a dividend yield of 1.66%, an annual payout of $0.82, and an expense ratio of 0.35%. 

Year to date, it has a total return increase of 9.71%. The fund’s top sectors are Materials (72.98%) and Energy (18.22%).