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.
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