Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Sees Significant Decline in Short Interest

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 9,532 shares, a decrease of 50.8% from the August 31st total of 19,366 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 29,323 shares, the days-to-cover ratio is currently 0.3 days.

Sprott Active Gold & Silver Miners ETF Stock Performance

NASDAQ:GBUG traded down $0.33 during mid-day trading on Thursday, reaching $46.41. The stock had a trading volume of 20,081 shares, compared to its average volume of 72,877. The stock has a market capitalization of $174.98 million, a P/E ratio of 21.39 and a beta of 0.27. The firm has a 50 day moving average price of $47.85 and a two-hundred day moving average price of $44.85. Sprott Active Gold & Silver Miners ETF has a one year low of $33.93 and a one 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.