Short Interest in U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Declines By 37.6%

Posted by James Quigley on Aug 18th, 2026

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Get Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 11,081 shares, a drop of 37.6% from the July 15th total of 17,754 shares. Based on an average daily trading volume, of 30,350 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On U.S. Global GO GOLD and Precious Metal Miners ETF

A hedge fund recently raised its position in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Principia Wealth Advisory LLC grew its holdings in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Free Report) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,792 shares of the company’s stock after buying 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 investment 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.

U.S. Global GO GOLD and Precious Metal Miners ETF Stock Performance

U.S. Global GO GOLD and Precious Metal Miners ETF stock traded down $1.67 during midday trading on Tuesday, reaching $43.50. 13,331 shares of the company were exchanged, compared to its average volume of 38,273. The firm’s 50-day simple moving average is $38.84 and its 200-day simple moving average is $43.57. The company has a market capitalization of $193.14 million, a price-to-earnings ratio of 22.28 and a beta of 0.69. U.S. Global GO GOLD and Precious Metal Miners ETF has a 1 year low of $30.53 and a 1 year high of $57.09.

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.