Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) Short Interest Up 39.8% in March

Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 31,834 shares, an increase of 39.8% from the March 15th total of 22,770 shares. Based on an average daily trading volume, of 1,091,868 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Sprott Physical Platinum & Palladium Tr

A number of hedge funds and other institutional investors have recently bought and sold shares of SPPP. Advisory Services Network LLC purchased a new position in Sprott Physical Platinum & Palladium Tr in the 3rd quarter worth approximately $38,000. CIBC Private Wealth Group LLC bought a new stake in shares of Sprott Physical Platinum & Palladium Tr in the 4th quarter worth approximately $45,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Sprott Physical Platinum & Palladium Tr in the 4th quarter worth approximately $77,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Sprott Physical Platinum & Palladium Tr in the 4th quarter worth approximately $140,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Sprott Physical Platinum & Palladium Tr in the 3rd quarter worth approximately $147,000.

Sprott Physical Platinum & Palladium Tr Price Performance

SPPP stock opened at $16.53 on Friday. Sprott Physical Platinum & Palladium Tr has a one year low of $9.30 and a one year high of $23.81. The firm has a 50 day simple moving average of $16.53 and a two-hundred day simple moving average of $16.20.

About Sprott Physical Platinum & Palladium Tr

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.