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

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) saw a large increase in short interest in 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 presently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of Sprott Active Gold & Silver Miners ETF

A number of large investors have recently made changes to their positions in the company. Beacon Pointe Advisors LLC acquired a new stake in Sprott Active Gold & Silver Miners ETF in the fourth quarter valued at $343,000. Royal Bank of Canada boosted its holdings in shares of Sprott Active Gold & Silver Miners ETF by 4.8% in the fourth quarter. Royal Bank of Canada now owns 21,242 shares of the company’s stock valued at $928,000 after acquiring an additional 982 shares during the period. Kestra Advisory Services LLC purchased a new position in Sprott Active Gold & Silver Miners ETF during the 4th quarter worth $76,000. Sprott Inc. raised its stake in Sprott Active Gold & Silver Miners ETF by 0.8% during the 4th quarter. Sprott Inc. now owns 183,295 shares of the company’s stock valued at $8,008,000 after acquiring an additional 1,505 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Sprott Active Gold & Silver Miners ETF by 3.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 53,372 shares of the company’s stock worth $2,332,000 after purchasing an additional 1,638 shares during the last quarter.

Sprott Active Gold & Silver Miners ETF Price Performance

Shares of GBUG stock traded up $1.08 during trading on Monday, hitting $48.82. 28,270 shares of the stock traded hands, compared to its average volume of 80,566. The firm has a market capitalization of $176.24 million, a P/E ratio of 21.39 and a beta of 0.15. Sprott Active Gold & Silver Miners ETF has a 52-week low of $27.06 and a 52-week high of $59.02. The firm’s fifty day moving average price is $40.69 and its 200-day moving average price is $45.22.

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.