Free Trial

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Short Interest Update

Sprott Physical Gold and Silver Trust logo with Miscellaneous background

Key Points

  • Sprott Physical Gold and Silver Trust experienced a significant increase in short interest, rising by 187.1% in July to a total of 133,500 shares.
  • Institutional investments in the trust saw large increases, with GWN Securities Inc. raising its stake by 1,878.1% during the second quarter.
  • The trust's stock price opened at $30.67, and it has a 52-week range between $21.70 and $31.80.
  • MarketBeat previews the top five stocks to own by September 1st.

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 133,500 shares, anincreaseof187.1% from the June 30th total of 46,500 shares. Based on an average daily volume of 557,600 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 557,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Sprott Physical Gold and Silver Trust

Institutional investors have recently added to or reduced their stakes in the business. Petra Financial Advisors Inc. lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 190.0% in the second quarter. Petra Financial Advisors Inc. now owns 28,029 shares of the company's stock worth $844,000 after buying an additional 18,364 shares in the last quarter. GWN Securities Inc. lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 1,878.1% in the second quarter. GWN Securities Inc. now owns 227,584 shares of the company's stock worth $6,850,000 after buying an additional 216,079 shares in the last quarter. Transcend Capital Advisors LLC lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 4.2% in the second quarter. Transcend Capital Advisors LLC now owns 29,275 shares of the company's stock worth $881,000 after buying an additional 1,175 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Sprott Physical Gold and Silver Trust by 0.7% in the second quarter. Envestnet Asset Management Inc. now owns 193,901 shares of the company's stock worth $5,836,000 after buying an additional 1,437 shares in the last quarter. Finally, Strait & Sound Wealth Management LLC purchased a new stake in shares of Sprott Physical Gold and Silver Trust in the second quarter worth about $236,000.

Sprott Physical Gold and Silver Trust Stock Up 1.8%

NYSEAMERICAN CEF opened at $30.67 on Monday. Sprott Physical Gold and Silver Trust has a 52 week low of $21.70 and a 52 week high of $31.80. The firm's 50-day simple moving average is $30.41 and its two-hundred day simple moving average is $28.03.

About Sprott Physical Gold and Silver Trust

(Get Free Report)

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Sprott Physical Gold and Silver Trust Right Now?

Before you consider Sprott Physical Gold and Silver Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sprott Physical Gold and Silver Trust wasn't on the list.

While Sprott Physical Gold and Silver Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines