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 large decline in short interest during the month of June. As of June 30th, there was short interest totaling 22,292 shares, a decline of 41.2% from the June 15th total of 37,881 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 41,415 shares, the days-to-cover ratio is currently 0.5 days.

U.S. Global GO GOLD and Precious Metal Miners ETF Stock Down 0.6%

U.S. Global GO GOLD and Precious Metal Miners ETF stock opened at $35.17 on Friday. U.S. Global GO GOLD and Precious Metal Miners ETF has a 52 week low of $28.27 and a 52 week high of $57.09. The firm has a market capitalization of $156.15 million, a PE ratio of 22.28 and a beta of 0.68. The firm’s 50-day simple moving average is $39.85 and its 200 day simple moving average is $44.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Beaumont Financial Advisors LLC purchased a new stake in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 (SEC).

About U.S. Global GO GOLD and Precious Metal Miners ETF

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.