What Next for Etfs Physical Silver Shares Trust Etf (NYSEARCA:SIVR) Stock After Increase in Shorted Shares?

June 20, 2018 - By Louis Casey

The stock of Etfs Physical Silver Shares Trust Etf (NYSEARCA:SIVR) registered an increase of 164.28% in short interest. SIVR’s total short interest was 224,900 shares in June as published by FINRA. Its up 164.28% from 85,100 shares, reported previously. With 151,100 shares average volume, it will take short sellers 2 days to cover their SIVR’s short positions.

It closed at $15.89 lastly. It is down 4.06% since June 20, 2017 and is downtrending. It has underperformed by 16.63% the S&P500.

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