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

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 9,470 shares, a drop of 72.4% from the May 14th total of 34,259 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 31,607 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Sprott Active Gold & Silver Miners ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of Sprott Active Gold & Silver Miners ETF during the fourth quarter worth about $25,000. Farther Finance Advisors LLC purchased a new stake in shares of Sprott Active Gold & Silver Miners ETF during the fourth quarter worth approximately $63,000. Kestra Advisory Services LLC purchased a new stake in shares of Sprott Active Gold & Silver Miners ETF during the fourth quarter worth approximately $76,000. PNC Financial Services Group Inc. purchased a new stake in shares of Sprott Active Gold & Silver Miners ETF in the third quarter valued at about $112,000. Finally, Parsons Capital Management Inc. RI purchased a new stake in shares of Sprott Active Gold & Silver Miners ETF in the fourth quarter valued at about $218,000.

Sprott Active Gold & Silver Miners ETF Stock Up 6.7%

NASDAQ:GBUG traded up $2.45 during mid-day trading on Thursday, reaching $39.16. 35,730 shares of the stock were exchanged, compared to its average volume of 101,328. The company has a 50 day simple moving average of $45.40 and a 200-day simple moving average of $46.42. The stock has a market capitalization of $146.85 million, a P/E ratio of 21.39 and a beta of -0.10. Sprott Active Gold & Silver Miners ETF has a 1 year low of $24.15 and a 1 year high of $59.02.

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.