Global X Gold Explorers ETF (NYSEARCA:GOEX) Short Interest Up 115.7% in August

Global X Gold Explorers ETF (NYSEARCA:GOEXGet Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,305 shares, an increase of 115.7% from the July 30th total of 1,996 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 6,799 shares, the short-interest ratio is currently 0.6 days.

Global X Gold Explorers ETF Price Performance

Shares of NYSEARCA GOEX opened at $93.06 on Monday. Global X Gold Explorers ETF has a twelve month low of $53.10 and a twelve month high of $110.19. The stock’s 50 day moving average price is $76.78 and its 200-day moving average price is $82.92. The company has a market capitalization of $141.45 million, a PE ratio of 20.37 and a beta of 0.85.

Institutional Trading of Global X Gold Explorers ETF

A number of hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its position in Global X Gold Explorers ETF by 7.5% in the first quarter. NewEdge Advisors LLC now owns 147,094 shares of the company’s stock worth $12,449,000 after purchasing an additional 10,263 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of Global X Gold Explorers ETF during the 4th quarter valued at $977,000. Citadel Advisors LLC bought a new stake in shares of Global X Gold Explorers ETF during the 3rd quarter worth $822,000. Jane Street Group LLC bought a new stake in shares of Global X Gold Explorers ETF during the 2nd quarter worth $462,000. Finally, Tcfg Wealth Management LLC purchased a new position in shares of Global X Gold Explorers ETF in the 3rd quarter worth about $596,000.

Global X Gold Explorers ETF Company Profile

(Get Free Report)

The Global X Gold Explorers ETF (GOEX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global stocks in the gold mining industry as an explorer or developer. GOEX was launched on Nov 3, 2010 and is managed by Global X.

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