iShares MSCI Global Gold Miners ETF (NASDAQ:RING – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,249,845 shares, a growth of 245.7% from the June 30th total of 361,591 shares. Approximately 3.5% of the company’s stock are short sold. Based on an average daily volume of 553,650 shares, the short-interest ratio is presently 2.3 days.
iShares MSCI Global Gold Miners ETF Stock Performance
iShares MSCI Global Gold Miners ETF stock remained flat at $64.49 during midday trading on Friday. The company had a trading volume of 169,366 shares, compared to its average volume of 559,053. The business’s 50 day moving average is $68.84 and its two-hundred day moving average is $78.64. iShares MSCI Global Gold Miners ETF has a 1 year low of $43.50 and a 1 year high of $100.41. The company has a market capitalization of $2.30 billion, a PE ratio of 19.24 and a beta of 0.61.
iShares MSCI Global Gold Miners ETF Announces Dividend
The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.5264 dividend. The ex-dividend date was Monday, June 15th.
Institutional Investors Weigh In On iShares MSCI Global Gold Miners ETF
About iShares MSCI Global Gold Miners ETF
The iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is managed by BlackRock.
See Also
- Five stocks we like better than iShares MSCI Global Gold Miners ETF
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for iShares MSCI Global Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Global Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
