U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 25,464 shares, an increase of 310.2% from the August 15th total of 6,207 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 26,571 shares, the short-interest ratio is presently 1.0 days.
U.S. Global GO GOLD and Precious Metal Miners ETF Price Performance
Shares of NYSEARCA GOAU opened at $47.77 on Friday. The company has a 50 day simple moving average of $42.69 and a 200 day simple moving average of $43.53. U.S. Global GO GOLD and Precious Metal Miners ETF has a 1 year low of $34.34 and a 1 year high of $57.09. The firm has a market cap of $212.10 million, a PE ratio of 22.28 and a beta of 0.74.
Hedge Funds Weigh In On U.S. Global GO GOLD and Precious Metal Miners ETF
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 first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,541 shares of the company’s stock, valued at approximately $201,000. Beaumont Financial Advisors LLC owned 0.10% of U.S. Global GO GOLD and Precious Metal Miners ETF as of its most recent filing with the Securities and Exchange Commission.
U.S. Global GO GOLD and Precious Metal Miners ETF Company Profile
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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