Short Interest in Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Grows By 65.8%

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 10,522 shares, an increase of 65.8% from the July 15th total of 6,346 shares. Based on an average trading volume of 26,308 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are sold short.

Sprott Active Gold & Silver Miners ETF Trading Down 4.5%

Shares of NASDAQ:GBUG traded down $2.18 during trading on Tuesday, hitting $46.64. 44,197 shares of the stock were exchanged, compared to its average volume of 80,319. The company has a fifty day moving average price of $40.88 and a two-hundred day moving average price of $45.17. The company has a market cap of $168.37 million, a PE ratio of 21.39 and a beta of 0.15. Sprott Active Gold & Silver Miners ETF has a 12-month low of $27.06 and a 12-month high of $59.02.

Institutional Trading of Sprott Active Gold & Silver Miners ETF

Several large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in shares of Sprott Active Gold & Silver Miners ETF in the fourth quarter valued at $63,000. Kestra Advisory Services LLC purchased a new stake in shares of Sprott Active Gold & Silver Miners ETF in the 4th quarter worth about $76,000. Steward Partners Investment Advisory LLC grew its stake in Sprott Active Gold & Silver Miners ETF by 49.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,580 shares of the company’s stock valued at $244,000 after acquiring an additional 1,850 shares during the last quarter. Plan Group Financial LLC acquired a new stake in Sprott Active Gold & Silver Miners ETF in the 4th quarter valued at about $293,000. Finally, Beacon Pointe Advisors LLC purchased a new position in Sprott Active Gold & Silver Miners ETF during the 4th quarter valued at about $343,000.

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.