U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Short Interest Update

by · The Markets Daily

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 22,292 shares, a drop of 41.2% from the June 15th total of 37,881 shares. Based on an average trading volume of 41,415 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

U.S. Global GO GOLD and Precious Metal Miners ETF Stock Performance

Shares of NYSEARCA GOAU traded down $1.35 during trading on Thursday, reaching $35.08. The stock had a trading volume of 16,994 shares, compared to its average volume of 39,636. U.S. Global GO GOLD and Precious Metal Miners ETF has a one year low of $28.27 and a one year high of $57.09. The firm’s 50 day moving average price is $40.21 and its two-hundred day moving average price is $44.82. The stock has a market cap of $155.76 million, a PE ratio of 22.28 and a beta of 0.68.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Beaumont Financial Advisors LLC bought a new stake in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,541 shares of the company’s stock, valued at approximately $201,000. Beaumont Financial Advisors LLC owned about 0.10% of U.S. Global GO GOLD and Precious Metal Miners ETF as of its most recent SEC filing.

About U.S. Global GO GOLD and Precious Metal Miners ETF

(Get Free Report)

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers. GOAU was launched on Jun 27, 2017 and is managed by US Global.

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