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

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAUGet Free Report) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 6,207 shares, a decline of 44.0% from the July 30th total of 11,081 shares. Based on an average daily trading volume, of 32,571 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

U.S. Global GO GOLD and Precious Metal Miners ETF Trading Down 3.9%

GOAU traded down $1.98 during mid-day trading on Friday, hitting $48.90. 36,443 shares of the stock were exchanged, compared to its average volume of 37,910. The firm’s fifty day moving average is $40.54 and its two-hundred day moving average is $43.61. U.S. Global GO GOLD and Precious Metal Miners ETF has a 1-year low of $32.30 and a 1-year high of $57.09. The company has a market cap of $217.12 million, a PE ratio of 22.28 and a beta of 0.69.

Institutional Investors Weigh In On U.S. Global GO GOLD and Precious Metal Miners ETF

A hedge fund recently raised its stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Principia Wealth Advisory LLC increased its stake in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAUFree Report) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,792 shares of the company’s stock after acquiring an additional 1,077 shares during the quarter. U.S. Global GO GOLD and Precious Metal Miners ETF comprises approximately 0.8% of Principia Wealth Advisory LLC’s portfolio, making the stock its 16th largest holding. Principia Wealth Advisory LLC owned about 1.55% of U.S. Global GO GOLD and Precious Metal Miners ETF worth $2,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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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