Sprott Physical Gold Trust (NYSEARCA:PHYS) Short Interest Update

Sprott Physical Gold Trust (NYSEARCA:PHYS) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,104,710 shares, a decrease of 35.3% from the December 31st total of 1,708,384 shares. Based on an average daily trading volume, of 5,011,526 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,011,526 shares, the short-interest ratio is currently 0.2 days.

Sprott Physical Gold Trust Price Performance

Shares of PHYS stock traded down $1.46 during trading hours on Monday, reaching $35.00. The stock had a trading volume of 15,468,545 shares, compared to its average volume of 11,297,368. The stock’s fifty day simple moving average is $34.29 and its 200 day simple moving average is $30.55. Sprott Physical Gold Trust has a 12 month low of $21.72 and a 12 month high of $42.07.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PHYS. IMC Chicago LLC boosted its stake in Sprott Physical Gold Trust by 2,849.6% during the second quarter. IMC Chicago LLC now owns 3,204,243 shares of the exchange traded fund’s stock valued at $81,228,000 after buying an additional 3,095,611 shares during the period. Jupiter Asset Management Ltd. increased its stake in Sprott Physical Gold Trust by 39.8% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock worth $92,913,000 after acquiring an additional 896,347 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Sprott Physical Gold Trust by 65.8% in the 2nd quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock valued at $41,023,000 after acquiring an additional 642,224 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Sprott Physical Gold Trust by 552.0% during the 3rd quarter. Cerity Partners LLC now owns 508,322 shares of the exchange traded fund’s stock valued at $15,057,000 after acquiring an additional 430,358 shares during the last quarter. Finally, CENTRAL TRUST Co grew its holdings in shares of Sprott Physical Gold Trust by 9.1% during the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock worth $137,709,000 after purchasing an additional 388,033 shares in the last quarter.

About Sprott Physical Gold Trust

Sprott Physical Gold Trust operates as a closed-end investment trust, which engages in investing and holding all of its assets in physical gold bullion. Its investment objective is to provide a secure, convenient, and exchange-traded investment alternative for investors through investing primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in gold prices. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.