On May 19, Sprott Physical Silver Trust declined 5.1% in regular trading, trading at $23.98 per share, with trading volume of approximately $60.46 million.

On the news front, persistent weakness in silver prices continues to weigh on PSLV, extending a multi-day selloff that began on May 14. The trust had previously recorded a 5.16% single-day decline on May 14, followed by a 5.45% overnight drop and a 6.25% pre-market decline on May 15, with selling pressure progressively intensifying. The cumulative pullback marks a sharp reversal from earlier gains, as PSLV had surged more than 5% on each of May 6, 7, and 11, driven by rising silver prices and safe-haven demand. The intensifying bull-bear battle has significantly amplified short-term volatility.

Sprott Physical Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets, primarily in physical silver bullion in London Good Delivery bar form. It was formed on June 30, 2010 and is domiciled in Canada.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)