Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Stock Short Interest Drops 50.8%

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

Sprott Active Gold & Silver Miners ETF Price Performance

Shares of Sprott Active Gold & Silver Miners ETF stock traded up $0.69 during trading hours on Tuesday, hitting $47.37. 20,340 shares of the company’s stock traded hands, compared to its average volume of 73,493. Sprott Active Gold & Silver Miners ETF has a 12-month low of $33.93 and a 12-month high of $59.02. The stock has a market capitalization of $178.58 million, a price-to-earnings ratio of 21.39 and a beta of 0.27. The company has a fifty day simple moving average of $47.54 and a 200-day simple moving average of $44.90.

About Sprott Active Gold & Silver Miners ETF

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.