Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Short Interest Down 34.8% in June

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 6,176 shares, a drop of 34.8% from the May 31st total of 9,470 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 40,295 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Sprott Active Gold & Silver Miners ETF

Several large investors have recently bought and sold shares of the business. Miller Global Investments LLC acquired a new position in Sprott Active Gold & Silver Miners ETF during the fourth quarter worth about $3,192,000. Parsons Capital Management Inc. RI acquired a new stake in shares of Sprott Active Gold & Silver Miners ETF in the 4th quarter valued at approximately $218,000. Beaumont Financial Advisors LLC boosted its stake in shares of Sprott Active Gold & Silver Miners ETF by 30.4% in the 4th quarter. Beaumont Financial Advisors LLC now owns 30,038 shares of the company’s stock valued at $1,312,000 after purchasing an additional 6,996 shares in the last quarter. Sprott Inc. grew its holdings in shares of 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 purchasing an additional 1,505 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Sprott Active Gold & Silver Miners ETF during the 1st quarter worth approximately $2,096,000.

Sprott Active Gold & Silver Miners ETF Stock Performance

NASDAQ GBUG remained flat at $40.76 on Friday. The company’s stock had a trading volume of 25,700 shares, compared to its average volume of 93,446. The business has a 50 day moving average price of $42.92 and a 200-day moving average price of $46.40. The company has a market cap of $152.85 million, a PE ratio of 21.39 and a beta of -0.10. Sprott Active Gold & Silver Miners ETF has a 12-month low of $24.15 and a 12-month 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.