Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Short Interest Update

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 106,617 shares, an increase of 913.3% from the July 30th total of 10,522 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average trading volume of 34,355 shares, the short-interest ratio is currently 3.1 days.

Sprott Active Gold & Silver Miners ETF Trading Up 0.7%

Shares of NASDAQ GBUG traded up $0.35 during mid-day trading on Thursday, hitting $53.71. The company had a trading volume of 20,418 shares, compared to its average volume of 79,108. The company has a market capitalization of $193.89 million, a price-to-earnings ratio of 21.39 and a beta of 0.15. Sprott Active Gold & Silver Miners ETF has a 1 year low of $29.45 and a 1 year high of $59.02. The stock’s 50-day moving average price is $42.49 and its 200-day moving average price is $45.30.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new stake in shares of Sprott Active Gold & Silver Miners ETF during the fourth quarter valued at about $63,000. Kestra Advisory Services LLC bought a new position in shares of Sprott Active Gold & Silver Miners ETF in the fourth quarter valued at approximately $76,000. Steward Partners Investment Advisory LLC grew its stake in Sprott Active Gold & Silver Miners ETF by 49.6% during the fourth 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 in the last quarter. Plan Group Financial LLC purchased a new position in Sprott Active Gold & Silver Miners ETF during the fourth quarter valued at approximately $293,000. Finally, Beacon Pointe Advisors LLC purchased a new position in Sprott Active Gold & Silver Miners ETF during the fourth quarter valued at approximately $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.