Sprott Physical Uranium Trust Fund (OTCMKTS:SRUUF – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,630,958 shares, an increase of 76.1% from the September 30th total of 2,062,265 shares. Based on an average daily trading volume, of 595,647 shares, the short-interest ratio is presently 6.1 days.
Sprott Physical Uranium Trust Fund Stock Down 2.2%
SRUUF stock opened at $19.06 on Friday. Sprott Physical Uranium Trust Fund has a one year low of $16.42 and a one year high of $24.77. The firm has a 50-day moving average of $19.34 and a two-hundred day moving average of $19.76.
About Sprott Physical Uranium Trust Fund
Sprott Physical Uranium Trust is a closed-end trust designed to provide investors with exposure to physical uranium. Its principal holdings consist of uranium oxide (U3O8) and uranium hexafluoride (UF6), which are stored in secure, licensed facilities. The trust does not operate uranium mines or processing plants.
The trust’s investment objective is to acquire and hold physical uranium for the long term, offering an alternative to investing directly in uranium mining companies.
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