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:GOAU) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 4,428 shares, a decrease of 82.6% from the August 31st total of 25,464 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 18,595 shares, the short-interest ratio is presently 0.2 days.

U.S. Global GO GOLD and Precious Metal Miners ETF Stock Up 0.7%

Shares of U.S. Global GO GOLD and Precious Metal Miners ETF stock traded up $0.33 during mid-day trading on Friday, hitting $45.79. The stock had a trading volume of 48,716 shares, compared to its average volume of 36,264. The firm has a 50-day moving average of $44.65 and a two-hundred day moving average of $43.04. The firm has a market cap of $203.31 million, a P/E ratio of 22.28 and a beta of 0.74. U.S. Global GO GOLD and Precious Metal Miners ETF has a 12-month low of $34.34 and a 12-month high of $57.09.

Institutional Inflows and Outflows

A hedge fund recently raised its position in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Principia Wealth Advisory LLC lifted its stake in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 accounts for about 0.8% of Principia Wealth Advisory LLC’s portfolio, making the stock its 16th largest position. Principia Wealth Advisory LLC owned 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.

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.