Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) Stock Short Interest Report for October

Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 84,659 shares, a growth of 110.9% from the September 30th total of 40,140 shares. Based on an average trading volume of 318,295 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of Sprott Physical Platinum & Palladium Tr

Institutional investors have recently added to or reduced their stakes in the business. IMC Chicago LLC grew its stake in shares of Sprott Physical Platinum & Palladium Tr by 36.5% in the first quarter. IMC Chicago LLC now owns 3,002,396 shares of the company’s stock worth $46,627,000 after purchasing an additional 803,590 shares in the last quarter. Weiss Asset Management LP bought a new stake in shares of Sprott Physical Platinum & Palladium Tr during the first quarter valued at about $10,800,000. VectorGlobal IAG Inc. acquired a new stake in Sprott Physical Platinum & Palladium Tr in the first quarter worth about $1,235,000. International Assets Investment Management LLC lifted its holdings in Sprott Physical Platinum & Palladium Tr by 93.5% in the first quarter. International Assets Investment Management LLC now owns 139,518 shares of the company’s stock worth $2,176,000 after purchasing an additional 67,426 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the first quarter worth about $296,000.

Sprott Physical Platinum & Palladium Tr Trading Down 3.0%

Shares of SPPP stock traded down $0.35 during mid-day trading on Friday, reaching $11.27. The stock had a trading volume of 1,274,295 shares, compared to its average volume of 723,439. Sprott Physical Platinum & Palladium Tr has a 12-month low of $11.10 and a 12-month high of $23.81. The business has a 50-day simple moving average of $13.62 and a 200 day simple moving average of $15.09.

About Sprott Physical Platinum & Palladium Tr

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.