Global X Gold Explorers ETF (NYSEARCA:GOEX – Get Free Report) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 7,466 shares, a decrease of 41.3% from the May 14th total of 12,722 shares. Based on an average trading volume of 8,678 shares, the short-interest ratio is presently 0.9 days. Currently, 0.5% of the company’s stock are sold short.
Global X Gold Explorers ETF Trading Up 3.5%
Shares of GOEX traded up $2.70 on Tuesday, reaching $80.41. The company’s stock had a trading volume of 6,507 shares, compared to its average volume of 35,838. Global X Gold Explorers ETF has a twelve month low of $43.03 and a twelve month high of $110.19. The stock has a market capitalization of $131.87 million, a PE ratio of 20.37 and a beta of 0.80. The firm has a fifty day moving average of $82.84 and a 200-day moving average of $86.48.
Institutional Investors Weigh In On Global X Gold Explorers ETF
Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in Global X Gold Explorers ETF in the 4th quarter worth about $73,000. Kestra Advisory Services LLC bought a new stake in Global X Gold Explorers ETF in the 4th quarter worth about $109,000. Raymond James Financial Inc. bought a new stake in Global X Gold Explorers ETF in the 2nd quarter worth about $158,000. Cibc World Market Inc. bought a new stake in Global X Gold Explorers ETF in the 3rd quarter worth about $246,000. Finally, OneDigital Investment Advisors LLC bought a new stake in Global X Gold Explorers ETF in the 3rd quarter worth about $276,000.
Global X Gold Explorers ETF Company Profile
The Global X Gold Explorers ETF (GOEX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global stocks in the gold mining industry as an explorer or developer. GOEX was launched on Nov 3, 2010 and is managed by Global X.
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