Sprott Physical Silver Trust (NYSE: PSLV): A Suicide Machine Or A Millionaire’s Dream?

In today’s recent session, 1.15 million shares of the Sprott Physical Silver Trust (NYSE:PSLV) have been traded, and its beta is 0.70. Most recently the company’s share price was $10.27, and it changed around -$0.08 or -0.77% from the last close, which brings the market valuation of the company to $5.20B. PSLV at last check was trading at a discount to its 52-week high of $10.88, offering almost -5.94% off that amount. The share price’s 52-week low was $7.08, which indicates that the recent value has risen by an impressive 31.06% since then. We note from Sprott Physical Silver Trust’s average daily trading volume that its 10-day average is 5.58 million shares, with the 3-month average coming to 4.84 million.

Sprott Physical Silver Trust (NYSE:PSLV) trade information

Instantly PSLV has been showing red trend so far today with a performance of -0.77% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.48 on recent trading dayincreased the stock’s daily price by 2.0%. The company’s shares are currently up 27.11% year-to-date, but still up 5.55% over the last five days. On the other hand, Sprott Physical Silver Trust (NYSE:PSLV) is 2.40% up in the 30-day period.

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

FEDERATION DES CAISSES DESJARDINS DU QUEBEC, with 2.7305% or 13.28 million shares worth $131.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Series Portfolios Tr-Palm Valley Capital Fd and Cohen & Steers Closed End Opportunity Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 789.77 shares worth $8.11 million, making up 0.16% of all outstanding shares. On the other hand, Cohen & Steers Closed End Opportunity Fund held roughly 250.15 shares worth around $2.57 million, which represents about 0.05% of the total shares outstanding.