GraniteShares Gold Trust (NYSEARCA:BAR) Short Interest Update

GraniteShares Gold Trust (NYSEARCA:BARGet Free Report) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 676,288 shares, a growth of 148.1% from the January 15th total of 272,598 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average trading volume of 4,127,303 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 4,127,303 shares, the short-interest ratio is presently 0.2 days. Currently, 1.9% of the shares of the stock are sold short.

GraniteShares Gold Trust Stock Up 2.5%

NYSEARCA BAR traded up $1.19 during trading on Friday, reaching $49.59. 598,832 shares of the company traded hands, compared to its average volume of 2,198,764. The stock’s 50 day moving average price is $45.65 and its two-hundred day moving average price is $40.32. GraniteShares Gold Trust has a 1-year low of $27.95 and a 1-year high of $54.63.

Key GraniteShares Gold Trust News

Here are the key news stories impacting GraniteShares Gold Trust this week:

Institutional Trading of GraniteShares Gold Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Archer Investment Corp acquired a new position in GraniteShares Gold Trust during the 2nd quarter worth about $30,000. Global Retirement Partners LLC bought a new position in shares of GraniteShares Gold Trust in the fourth quarter worth about $47,000. Advisory Services Network LLC acquired a new position in shares of GraniteShares Gold Trust during the third quarter worth approximately $81,000. Tucker Asset Management LLC bought a new stake in shares of GraniteShares Gold Trust during the fourth quarter valued at approximately $98,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of GraniteShares Gold Trust in the fourth quarter valued at approximately $156,000.

GraniteShares Gold Trust Company Profile

(Get Free Report)

The GraniteShares Gold Trust (BAR) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less trust expenses and liabilities, using physically held gold stored and secured in vaults in London. BAR was launched on Aug 31, 2017 and is managed by GraniteShares.

Further Reading

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