VanEck Vectors Gold Miners ETF (NYSE:GDX) Short Interest Down 25.2% in September

VanEck Vectors Gold Miners ETF (NYSE:GDX) was the recipient of a significant decrease in short interest in the month of September. As of September 29th, there was short interest totalling 51,876,246 shares, a decrease of 25.2% from the September 15th total of 69,391,174 shares. Based on an average daily volume of 42,781,135 shares, the days-to-cover ratio is presently 1.2 days.

VanEck Vectors Gold Miners ETF (NYSE:GDX) opened at 22.57 on Friday. The stock’s 50 day moving average price is $23.69 and its 200 day moving average price is $22.96. VanEck Vectors Gold Miners ETF has a one year low of $18.58 and a one year high of $25.93.

Institutional investors have recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. boosted its position in VanEck Vectors Gold Miners ETF by 3.9% during the second quarter. Oppenheimer Asset Management Inc. now owns 4,558 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 171 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its position in shares of VanEck Vectors Gold Miners ETF by 49.4% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 6,049 shares of the exchange traded fund’s stock valued at $134,000 after acquiring an additional 2,000 shares in the last quarter. Edge Wealth Management LLC lifted its position in shares of VanEck Vectors Gold Miners ETF by 22,623.3% in the second quarter. Edge Wealth Management LLC now owns 6,817 shares of the exchange traded fund’s stock valued at $147,000 after acquiring an additional 6,787 shares in the last quarter. Northside Capital Management LLC purchased a new position in VanEck Vectors Gold Miners ETF during the third quarter worth approximately $202,000. Finally, DORCHESTER WEALTH MANAGEMENT Co purchased a new position in VanEck Vectors Gold Miners ETF during the third quarter worth approximately $214,000.

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