SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Short Interest Update

SPDR Gold MiniShares Trust (NYSEARCA:GLDMGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,243,340 shares, a growth of 80.3% from the August 15th total of 3,462,645 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 5,989,531 shares, the days-to-cover ratio is currently 1.0 days.

SPDR Gold MiniShares Trust News Summary

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

  • Positive Sentiment: Gold had recovered earlier in the session as Treasury-yield pressure eased and crude oil prices declined, providing some support for non-yielding assets ahead of the Fed decision. Gold, silver prices rise as oil eases before Fed decision – Kitco AM Report
  • Positive Sentiment: Some analysts continue to view gold as a long-term beneficiary of large fiscal deficits, elevated sovereign debt and geopolitical fragmentation, which could sustain safe-haven demand and support GLDM over time. Hold both gold and Bitcoin as global sovereign debt drives demand
  • Neutral Sentiment: Gold outperformed Bitcoin in overnight trading as cryptocurrency ETF outflows and regulatory uncertainty weighed on digital assets, potentially reinforcing gold’s relative appeal. Gold vs. Bitcoin: XAU/USD Rebounds as BTC Tests $75,000
  • Negative Sentiment: The Fed raised interest rates by 25 basis points unanimously, while 16 of 18 policymakers indicated that another hike may be warranted in 2026. The hawkish outlook lifted the opportunity cost of holding gold and triggered a decline in bullion prices, pressuring GLDM. Gold price drops as Fed votes for rate hike
  • Negative Sentiment: Higher Treasury yields, a firmer U.S. dollar and resilient economic data—including stronger-than-expected August retail sales—are reducing expectations for near-term monetary easing and weighing on gold. Gold price trades after retail sales rise
  • Negative Sentiment: India’s gold imports fell nearly 58% in August, signaling weaker demand from a major physical-gold market and adding another short-term headwind for bullion. India’s gold imports fall 58% in August

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Talon Private Wealth LLC lifted its holdings in SPDR Gold MiniShares Trust by 100.3% during the 2nd quarter. Talon Private Wealth LLC now owns 10,935 shares of the company’s stock worth $868,000 after buying an additional 5,475 shares in the last quarter. Tidal Investments LLC increased its stake in shares of SPDR Gold MiniShares Trust by 1.4% in the 2nd quarter. Tidal Investments LLC now owns 978,859 shares of the company’s stock valued at $77,741,000 after buying an additional 13,146 shares during the period. Archford Capital Strategies LLC raised its position in shares of SPDR Gold MiniShares Trust by 6.8% during the second quarter. Archford Capital Strategies LLC now owns 89,093 shares of the company’s stock worth $7,076,000 after acquiring an additional 5,711 shares during the last quarter. Capital Analysts LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 8.5% during the second quarter. Capital Analysts LLC now owns 17,289 shares of the company’s stock valued at $1,373,000 after acquiring an additional 1,359 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its stake in shares of SPDR Gold MiniShares Trust by 86.5% during the second quarter. Integrated Wealth Concepts LLC now owns 25,798 shares of the company’s stock valued at $2,049,000 after acquiring an additional 11,966 shares during the period.

SPDR Gold MiniShares Trust Trading Down 0.6%

Shares of NYSEARCA:GLDM traded down $0.47 during trading on Wednesday, reaching $84.53. The stock had a trading volume of 5,492,674 shares, compared to its average volume of 7,086,657. The stock has a fifty day simple moving average of $84.62 and a two-hundred day simple moving average of $88.58. SPDR Gold MiniShares Trust has a 52 week low of $71.81 and a 52 week high of $109.74.

About SPDR Gold MiniShares Trust

(Get Free Report)

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.

Further Reading

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