Roundhill Gold WeeklyPay ETF (BATS:GLDW) Sees Significant Increase in Short Interest

Roundhill Gold WeeklyPay ETF (BATS:GLDW) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 64,535 shares, an increase of 130.5% from the August 15th total of 28,000 shares. Based on an average daily volume of 14,637 shares, the days-to-cover ratio is presently 4.4 days. Approximately 16.1% of the company’s shares are sold short.

Roundhill Gold WeeklyPay ETF Stock Performance

Shares of BATS GLDW opened at $41.47 on Wednesday. The company’s 50 day moving average price is $42.54 and its 200-day moving average price is $47.85. Roundhill Gold WeeklyPay ETF has a 52-week low of $39.71 and a 52-week high of $69.97.

Hedge Funds Weigh In On Roundhill Gold WeeklyPay ETF

An institutional investor recently raised its position in Roundhill Gold WeeklyPay ETF stock. Citadel Advisors LLC raised its position in shares of Roundhill Gold WeeklyPay ETF (BATS:GLDW) by 12.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,316 shares of the company’s stock after acquiring an additional 591 shares during the quarter. Citadel Advisors LLC owned about 1.33% of Roundhill Gold WeeklyPay ETF worth $217,000 as of its most recent SEC filing.

About Roundhill Gold WeeklyPay ETF

World Gold Trust operates as a trust. It consists of series of fund which include SPDR Long Dollar Gold Trust, which is designed to provide investors with the economic effect of holding gold in terms of the reference currencies. The company was founded on August 27, 2014 and is headquartered in New York, NY.