Stock Traders Purchase Large Volume of Call Options on Market Vectors Junior Gold Miners ETF (GDXJ)
Market Vectors Junior Gold Miners ETF (NASDAQ:GDXJ) was the target of some unusual options trading on Friday. Stock investors bought 2,042 call options on the stock. This represents an increase of 117% compared to the average volume of 941 call options.
Shares of Market Vectors Junior Gold Miners ETF (NASDAQ GDXJ) traded up 0.86% during mid-day trading on Friday, reaching $33.00. The company’s stock had a trading volume of 15,885,406 shares. Market Vectors Junior Gold Miners ETF has a one year low of $27.37 and a one year high of $52.50. The firm’s 50 day moving average is $32.17 and its 200 day moving average is $35.01.
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About Market Vectors Junior Gold Miners ETF
Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.
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