Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Short Interest Up 168.4% in May

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 34,259 shares, a growth of 168.4% from the April 30th total of 12,766 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 48,423 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GBUG. Jane Street Group LLC acquired a new stake in Sprott Active Gold & Silver Miners ETF in the first quarter valued at $2,096,000. Cetera Investment Advisers grew its stake in shares of Sprott Active Gold & Silver Miners ETF by 3.1% during the 2nd quarter. Cetera Investment Advisers now owns 13,766 shares of the company’s stock worth $349,000 after purchasing an additional 416 shares during the period. Johnson Investment Counsel Inc. purchased a new position in shares of Sprott Active Gold & Silver Miners ETF in the 3rd quarter valued at about $250,000. PNC Financial Services Group Inc. acquired a new stake in shares of Sprott Active Gold & Silver Miners ETF in the third quarter valued at about $112,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Sprott Active Gold & Silver Miners ETF in the third quarter valued at about $405,000.

Sprott Active Gold & Silver Miners ETF Stock Performance

GBUG traded down $2.28 during trading on Monday, reaching $43.00. The company’s stock had a trading volume of 12,261 shares, compared to its average volume of 105,441. The company’s fifty day moving average price is $45.51 and its 200-day moving average price is $46.25. Sprott Active Gold & Silver Miners ETF has a 52-week low of $24.15 and a 52-week high of $59.02. The company has a market capitalization of $161.25 million, a price-to-earnings ratio of 21.39 and a beta of -0.05.

Sprott Active Gold & Silver Miners ETF Company Profile

The Sprott Active Gold & Silver Miners ETF (GBUG) is an exchange-traded fund that is based on the Barclays Gold 3 Month index. The fund tracks the Barclays Gold 3 Month Index Total Return by rolling specified gold futures contracts.