VanEck Merk Gold ETF (NYSEARCA:OUNZ) Short Interest Up 77.1% in August

VanEck Merk Gold ETF (NYSEARCA:OUNZ) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 682,990 shares, an increase of 77.1% from the August 15th total of 385,725 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily volume of 743,029 shares, the days-to-cover ratio is currently 0.9 days.

VanEck Merk Gold ETF Price Performance

Shares of NYSEARCA OUNZ traded down $0.25 on Wednesday, hitting $41.04. The company’s stock had a trading volume of 1,495,425 shares, compared to its average volume of 1,234,605. The stock has a 50 day moving average of $41.11 and a 200-day moving average of $43.04. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 6.97 and a beta of 0.19. VanEck Merk Gold ETF has a 12-month low of $34.94 and a 12-month high of $53.35.

Institutional Investors Weigh In On VanEck Merk Gold ETF

A number of institutional investors have recently bought and sold shares of the stock. Waverly Advisors LLC bought a new stake in VanEck Merk Gold ETF in the second quarter worth about $328,000. Tucker Asset Management LLC lifted its stake in VanEck Merk Gold ETF by 106.3% during the second quarter. Tucker Asset Management LLC now owns 26,819 shares of the company’s stock valued at $1,035,000 after buying an additional 13,818 shares in the last quarter. Ameritas Advisory Services LLC boosted its stake in VanEck Merk Gold ETF by 93.9% in the 2nd quarter. Ameritas Advisory Services LLC now owns 486,660 shares of the company’s stock worth $18,780,000 after purchasing an additional 235,673 shares during the period. Morling Financial Advisors LLC purchased a new position in shares of VanEck Merk Gold ETF during the second quarter valued at $272,000. Finally, Continuum Advisory LLC increased its holdings in shares of VanEck Merk Gold ETF by 57.7% in the 2nd quarter. Continuum Advisory LLC now owns 43,369 shares of the company’s stock valued at $1,674,000 after purchasing an additional 15,866 shares during the period.

Key VanEck Merk Gold ETF News

Here are the key news stories impacting VanEck Merk Gold ETF this week:

• Positive Sentiment: Easing Treasury yields and softer crude oil prices briefly supported gold ahead of the Fed announcement, providing a potential near-term stabilizer for OUNZ. Gold, silver prices rise as oil eases before Fed decision
• Positive Sentiment: Some analysts view any pullback caused by higher rates as a longer-term buying opportunity, citing persistent inflation and gold’s potential appeal if monetary-policy risks eventually intensify. A hawkish Fed won’t keep gold price down for long
• Neutral Sentiment: Technical analysts say gold remains in a falling-wedge pattern, leaving a bullish breakout possible if prices reclaim key resistance; however, the near-term trend remains fragile. Gold Forecast: Bearish Pressure Meets Falling Wedge
• Neutral Sentiment: India’s gold imports plunged nearly 58% in August, signaling weaker physical demand from a major consumer, although this is partly offset by broader investment and central-bank demand. India’s gold imports fall 58% in August
• Negative Sentiment: The Fed delivered the expected 25-basis-point rate hike, while 16 of 18 policymakers projected another increase in 2026. Chair Kevin Warsh’s inflation-focused comments reinforced a hawkish outlook, lifting the opportunity cost of holding non-yielding gold. Gold price drops after Fed rate hike
• Negative Sentiment: Gold broke below 50-day support as Treasury yields moved above 5% and the stronger dollar pressured precious metals. A sustained break of nearby technical support could lead to additional downside for OUNZ. 10-Year Yield Above 5% Keeps Sellers in Control

VanEck Merk Gold ETF Company Profile

The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is managed by VanEck.