VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 49,966,098 shares, a growth of 4.6% from the February 15th total of 47,768,975 shares. Based on an average daily trading volume, of 40,200,586 shares, the short-interest ratio is presently 1.2 days.

Shares of VanEck Vectors Gold Miners ETF (NYSEARCA GDX) opened at $21.73 on Thursday. The company has a market cap of $7,730.00 and a PE ratio of -6.77. VanEck Vectors Gold Miners ETF has a twelve month low of $20.83 and a twelve month high of $25.58.

How to Become a New Pot Stock Millionaire

Hedge funds have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. raised its stake in VanEck Vectors Gold Miners ETF by 19.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 272,656 shares of the exchange traded fund’s stock worth $6,337,000 after purchasing an additional 45,008 shares in the last quarter. J. Goldman & Co LP acquired a new stake in VanEck Vectors Gold Miners ETF in the 4th quarter worth about $604,000. Fore Capital LLC acquired a new stake in VanEck Vectors Gold Miners ETF in the 4th quarter worth about $2,324,000. BB&T Securities LLC raised its stake in VanEck Vectors Gold Miners ETF by 8.7% in the 4th quarter. BB&T Securities LLC now owns 212,475 shares of the exchange traded fund’s stock worth $4,937,000 after purchasing an additional 17,023 shares in the last quarter. Finally, Financial Advocates Investment Management acquired a new stake in VanEck Vectors Gold Miners ETF in the 4th quarter worth about $177,000.

TRADEMARK VIOLATION WARNING: “VanEck Vectors Gold Miners ETF (GDX) Short Interest Update” was reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2018/03/14/vaneck-vectors-gold-miners-etf-gdx-short-interest-update.html.

VanEck Vectors Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.

Receive News & Ratings for VanEck Vectors Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vectors Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.