Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) Short Interest Update

Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 445,100 shares, agrowthof54.2% from the July 15th total of 288,600 shares. Based on an average trading volume of 783,200 shares, the days-to-cover ratio is presently 0.6 days. Currently,2.0% of the company’s stock are sold short. Currently,2.0% of the company’s stock are sold short. Based on an average trading volume of 783,200 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Sprott Physical Platinum & Palladium Tr

A number of large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in Sprott Physical Platinum & Palladium Tr in the second quarter worth $5,691,000. Raymond James Financial Inc. boosted its holdings in Sprott Physical Platinum & Palladium Tr by 9.1% in the second quarter. Raymond James Financial Inc. now owns 150,310 shares of the company’s stock worth $1,763,000 after purchasing an additional 12,564 shares in the last quarter. Pale Fire Capital SE bought a new stake in Sprott Physical Platinum & Palladium Tr in the second quarter worth $13,754,000. Seaview Investment Managers LLC boosted its holdings in Sprott Physical Platinum & Palladium Tr by 1.5% in the second quarter. Seaview Investment Managers LLC now owns 68,167 shares of the company’s stock worth $800,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its holdings in Sprott Physical Platinum & Palladium Tr by 1,073.0% in the second quarter. Laurel Wealth Advisors LLC now owns 7,038 shares of the company’s stock worth $83,000 after purchasing an additional 6,438 shares in the last quarter.

Sprott Physical Platinum & Palladium Tr Stock Up 1.6%

NYSEARCA SPPP opened at $11.81 on Thursday. Sprott Physical Platinum & Palladium Tr has a 1-year low of $8.83 and a 1-year high of $13.34. The firm’s fifty day simple moving average is $12.09 and its 200-day simple moving average is $10.55.

Sprott Physical Platinum & Palladium Tr Company Profile

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.