Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Stock Short Interest Report for October

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 6,787 shares, a drop of 49.0% from the September 30th total of 13,317 shares. Based on an average trading volume of 38,546 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Sprott Active Gold & Silver Miners ETF stock. HBW Advisory Services LLC raised its holdings in Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) by 146.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,347 shares of the company’s stock after buying an additional 8,533 shares during the period. HBW Advisory Services LLC owned approximately 0.38% of Sprott Active Gold & Silver Miners ETF worth $671,000 as of its most recent SEC filing.

Sprott Active Gold & Silver Miners ETF Stock Down 5.3%

NASDAQ GBUG traded down $2.21 during trading on Friday, hitting $39.49. The stock had a trading volume of 48,772 shares, compared to its average volume of 68,810. The company has a market capitalization of $144.53 million, a PE ratio of 21.39 and a beta of 0.38. The firm has a 50 day moving average price of $47.63 and a 200 day moving average price of $46.16. Sprott Active Gold & Silver Miners ETF has a twelve month low of $33.93 and a twelve month high of $59.02.

About Sprott Active Gold & Silver Miners ETF

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.