VanEck Vectors Gold Miners ETF (GDX) Sees Significant Drop in Short Interest

VanEck Vectors Gold Miners ETF (NYSE:GDX) was the target of a significant decline in short interest during the month of October. As of October 13th, there was short interest totalling 47,824,399 shares, a decline of 7.8% from the September 29th total of 51,876,246 shares. Based on an average daily volume of 32,398,667 shares, the short-interest ratio is currently 1.5 days.

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

VanEck Vectors Gold Miners ETF (GDX) opened at $22.43 on Friday.

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