Short Interest in Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) Drops By 69.4%

Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 9,755 shares, a decrease of 69.4% from the March 31st total of 31,834 shares. Based on an average daily volume of 491,911 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Sprott Physical Platinum & Palladium Tr

Large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the 3rd quarter valued at $38,000. CIBC Private Wealth Group LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the 4th quarter valued at $45,000. AdvisorNet Financial Inc increased its stake in Sprott Physical Platinum & Palladium Tr by 123.8% during the 1st quarter. AdvisorNet Financial Inc now owns 4,835 shares of the company’s stock worth $75,000 after buying an additional 2,675 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in Sprott Physical Platinum & Palladium Tr during the 4th quarter worth $77,000. Finally, Strategic Investment Solutions Inc. IL purchased a new stake in Sprott Physical Platinum & Palladium Tr during the 4th quarter worth $140,000.

Sprott Physical Platinum & Palladium Tr Stock Up 1.1%

NYSEARCA SPPP traded up $0.17 during trading hours on Friday, hitting $15.88. The company had a trading volume of 178,113 shares, compared to its average volume of 1,024,257. Sprott Physical Platinum & Palladium Tr has a fifty-two week low of $9.35 and a fifty-two week high of $23.81. The firm’s 50 day moving average is $16.42 and its 200 day moving average is $16.32.

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.