U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 11,081 shares, a decline of 37.6% from the July 15th total of 17,754 shares. Based on an average daily volume of 30,350 shares, the short-interest ratio is presently 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 bought a new stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Beaumont Financial Advisors LLC acquired a new stake in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,541 shares of the company’s stock, valued at approximately $201,000. Beaumont Financial Advisors LLC owned approximately 0.10% of U.S. Global GO GOLD and Precious Metal Miners ETF at the end of the most recent quarter.
U.S. Global GO GOLD and Precious Metal Miners ETF Price Performance
NYSEARCA GOAU traded down $1.67 on Tuesday, hitting $43.50. 13,331 shares of the company were exchanged, compared to its average volume of 38,273. The company’s 50 day moving average price is $38.84 and its 200-day moving average price is $43.57. The firm has a market capitalization of $193.14 million, a P/E ratio of 22.28 and a beta of 0.69. U.S. Global GO GOLD and Precious Metal Miners ETF has a twelve month low of $30.53 and a twelve month high of $57.09.
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.
See Also
- Five stocks we like better than U.S. Global GO GOLD and Precious Metal Miners ETF
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for U.S. Global GO GOLD and Precious Metal Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Global GO GOLD and Precious Metal Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
