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

Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 52,066 shares, an increase of 85.3% from the December 31st total of 28,102 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,138,992 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 1,138,992 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Sprott Physical Platinum & Palladium Tr

A number of institutional investors have recently made changes to their positions in the stock. IMC Chicago LLC bought a new stake in shares of Sprott Physical Platinum & Palladium Tr in the fourth quarter valued at about $37,028,000. Pale Fire Capital SE bought a new stake in shares of Sprott Physical Platinum & Palladium Tr in the 2nd quarter valued at about $13,754,000. Fielder Capital Group LLC lifted its position in shares of Sprott Physical Platinum & Palladium Tr by 7.7% in the 3rd quarter. Fielder Capital Group LLC now owns 805,335 shares of the company’s stock worth $10,936,000 after purchasing an additional 57,870 shares during the period. Nokomis Capital L.L.C. boosted its stake in shares of Sprott Physical Platinum & Palladium Tr by 21.6% during the third quarter. Nokomis Capital L.L.C. now owns 541,123 shares of the company’s stock valued at $7,348,000 after purchasing an additional 96,200 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Sprott Physical Platinum & Palladium Tr by 241.0% during the third quarter. Raymond James Financial Inc. now owns 512,553 shares of the company’s stock valued at $6,960,000 after buying an additional 362,243 shares during the period.

Sprott Physical Platinum & Palladium Tr Price Performance

Shares of SPPP stock traded down $4.04 during mid-day trading on Friday, reaching $17.52. The stock had a trading volume of 4,999,310 shares, compared to its average volume of 1,687,193. Sprott Physical Platinum & Palladium Tr has a 52-week low of $8.91 and a 52-week high of $23.81. The stock’s 50-day moving average price is $17.48 and its two-hundred day moving average price is $14.62.

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.