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

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 6,176 shares, a drop of 34.8% from the May 31st total of 9,470 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 40,295 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new stake in Sprott Active Gold & Silver Miners ETF during the first quarter worth about $2,096,000. Miller Global Investments LLC bought a new stake in shares of Sprott Active Gold & Silver Miners ETF in the 4th quarter worth approximately $3,192,000. National Bank of Canada FI grew its holdings in shares of Sprott Active Gold & Silver Miners ETF by 18,628.7% during the 3rd quarter. National Bank of Canada FI now owns 29,966 shares of the company’s stock worth $1,119,000 after purchasing an additional 29,806 shares in the last quarter. Beacon Pointe Advisors LLC bought a new stake in shares of Sprott Active Gold & Silver Miners ETF during the fourth quarter valued at approximately $343,000. Finally, Beaumont Financial Advisors LLC increased its position in shares of Sprott Active Gold & Silver Miners ETF by 30.4% during the fourth quarter. Beaumont Financial Advisors LLC now owns 30,038 shares of the company’s stock valued at $1,312,000 after purchasing an additional 6,996 shares during the period.

Sprott Active Gold & Silver Miners ETF Price Performance

NASDAQ:GBUG opened at $39.09 on Thursday. The stock has a market cap of $146.59 million, a P/E ratio of 21.39 and a beta of -0.10. Sprott Active Gold & Silver Miners ETF has a one year low of $24.15 and a one year high of $59.02. The company has a fifty day moving average price of $43.04 and a 200 day moving average price of $46.42.

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.