Will Current Price Volatility Hamper Sprott Physical Silver Trust (PSLV) Future Potential?

Sprott Physical Silver Trust (NYSE:PSLV) has a beta value of 0.71 and has seen 2.65 million shares traded in the recent trading session. The company, currently valued at $4.87B, closed the recent trade at $9.62 per share which meant it gained $0.08 on the day or 0.89% during that session. The PSLV stock price is -13.1% off its 52-week high price of $10.88 and 26.4% above the 52-week low of $7.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.68 million shares traded. The 3-month trading volume is 4.73 million shares.

Sprott Physical Silver Trust (NYSE:PSLV) trade information

Sporting 0.89% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PSLV stock price touched $9.62 or saw a rise of 4.66%. Year-to-date, Sprott Physical Silver Trust shares have moved 19.12%, while the 5-day performance has seen it change -5.82%. Over the past 30 days, the shares of Sprott Physical Silver Trust (NYSE:PSLV) have changed 3.38%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Sprott Physical Silver Trust (PSLV) estimates and forecasts

The company’s shares have gained 22.14% over the past 6 months.

PSLV Dividends

Sprott Physical Silver Trust is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Sprott Physical Silver Trust (NYSE:PSLV)’s Major holders

The top two institutional holders are BLACKROCK INC. with over 22.87 million shares worth more than $227.13 million. As of 2024-06-30, BLACKROCK INC. held 4.7027% of shares outstanding.

The other major institutional holder is FEDERATION DES CAISSES DESJARDINS DU QUEBEC, with the holding of over 13.28 million shares as of 2024-06-30. The firm’s total holdings are worth over $131.47 million and represent 2.7305% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Series Portfolios Tr-Palm Valley Capital Fd and Cohen & Steers Closed End Opportunity Fund. As of Jun 30, 2024, the former fund manager holds about 0.16% shares in the company for having 789.77 shares of worth $7.59 million while later fund manager owns 250.15 shares of worth $2.4 million as of Jun 30, 2024, which makes it owner of about 0.05% of company’s outstanding stock.