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

by · The Cerbat Gem

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 9,532 shares, a drop of 50.8% from the August 31st total of 19,366 shares. Based on an average daily trading volume, of 29,323 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are sold short.

Sprott Active Gold & Silver Miners ETF Price Performance

Shares of NASDAQ:GBUG traded down $0.63 during midday trading on Wednesday, hitting $46.74. 11,973 shares of the company’s stock were exchanged, compared to its average volume of 73,164. Sprott Active Gold & Silver Miners ETF has a 12 month low of $33.93 and a 12 month high of $59.02. The company has a market cap of $176.21 million, a PE ratio of 21.39 and a beta of 0.27. The stock has a 50 day moving average price of $47.85 and a 200-day moving average price of $44.85.

About Sprott Active Gold & Silver Miners ETF

(Get Free Report)

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.

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