iShares Silver Trust (NYSEARCA:SLV) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 20,093,539 shares, an increase of 28.8% from the October 31st total of 15,595,388 shares. Based on an average daily trading volume, of 6,989,623 shares, the days-to-cover ratio is currently 2.9 days.

A number of institutional investors and hedge funds have recently bought and sold shares of SLV. Moors & Cabot Inc. lifted its holdings in iShares Silver Trust by 28.0% during the third quarter. Moors & Cabot Inc. now owns 21,042 shares of the exchange traded fund’s stock valued at $331,000 after purchasing an additional 4,600 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in iShares Silver Trust during the third quarter valued at about $431,000. Cetera Advisors LLC lifted its holdings in iShares Silver Trust by 8.8% during the third quarter. Cetera Advisors LLC now owns 61,361 shares of the exchange traded fund’s stock valued at $966,000 after purchasing an additional 4,949 shares during the last quarter. Virtu Financial LLC lifted its holdings in iShares Silver Trust by 65.8% during the third quarter. Virtu Financial LLC now owns 671,638 shares of the exchange traded fund’s stock valued at $9,989,000 after purchasing an additional 266,448 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in iShares Silver Trust by 6.1% during the third quarter. Janney Montgomery Scott LLC now owns 106,142 shares of the exchange traded fund’s stock valued at $1,671,000 after purchasing an additional 6,096 shares during the last quarter.

iShares Silver Trust (NYSEARCA SLV) opened at $16.10 on Tuesday. iShares Silver Trust has a 1 year low of $14.44 and a 1 year high of $17.59.

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iShares Silver Trust Company Profile

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.

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