VanEck Merk Gold ETF (NYSEARCA:OUNZ – Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 63,943 shares, a drop of 19.2% from the February 12th total of 79,178 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,052,767 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 1,052,767 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
Hedge Funds Weigh In On VanEck Merk Gold ETF
A number of hedge funds have recently made changes to their positions in OUNZ. LPL Financial LLC grew its stake in shares of VanEck Merk Gold ETF by 10.0% during the 4th quarter. LPL Financial LLC now owns 3,190,689 shares of the company’s stock valued at $132,350,000 after buying an additional 290,206 shares during the period. Van ECK Associates Corp boosted its holdings in VanEck Merk Gold ETF by 26.7% in the fourth quarter. Van ECK Associates Corp now owns 1,844,154 shares of the company’s stock valued at $76,496,000 after acquiring an additional 388,131 shares during the last quarter. Cetera Investment Advisers grew its position in VanEck Merk Gold ETF by 2.5% during the second quarter. Cetera Investment Advisers now owns 1,697,363 shares of the company’s stock valued at $54,129,000 after acquiring an additional 41,299 shares during the period. Envestnet Asset Management Inc. increased its stake in VanEck Merk Gold ETF by 11.5% during the third quarter. Envestnet Asset Management Inc. now owns 1,024,698 shares of the company’s stock worth $38,109,000 after acquiring an additional 105,657 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of VanEck Merk Gold ETF by 3.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 798,267 shares of the company’s stock worth $29,689,000 after purchasing an additional 27,398 shares during the period.
VanEck Merk Gold ETF Price Performance
Shares of OUNZ stock opened at $48.26 on Friday. The firm’s 50-day simple moving average is $47.56 and its 200-day simple moving average is $41.81. VanEck Merk Gold ETF has a 1-year low of $28.51 and a 1-year high of $53.35. The firm has a market cap of $3.01 billion, a P/E ratio of 6.97 and a beta of 0.08.
Key VanEck Merk Gold ETF News
- Positive Sentiment: Falling U.S. consumer sentiment and a rise in one‑year inflation expectations are bullish for gold as an inflation hedge; that supports OUNZ demand. Spot gold at $5,100/oz after preliminary Consumer Sentiment falls to 55.5, one-year inflation expectations rise again
- Positive Sentiment: Analysts and technicians note buyers stepping in on pullbacks (support around $5,100), indicating dip‑buying that can underpin OUNZ. Gold Price Analysis – Gold Continues to See Support on Dips
- Positive Sentiment: Reports flag a “stagflation” backdrop (GDP growth but inflation worries) that traditionally favors gold as a portfolio hedge. Gold faces a perfect stagflation storm as Q4 GDP increases 0.7%
- Neutral Sentiment: Some strategists say gold miners could outperform (miners may double even if bullion stalls) — relevant for miner stocks but only indirectly for a physical gold ETF like OUNZ. Gold miners could double even if bullion stalls, says Ninepoint portfolio manager
- Neutral Sentiment: Coverage highlights the split between the dollar and gold during the Iran conflict — useful context for traders but not an immediate directional trigger. Gold’s Tanked Since Iran War Began, Dollar’s Surged. One Thing Has Split the Havens.
- Negative Sentiment: Technical and macro pieces warn a stronger U.S. dollar and rising Treasury yields are capping gold’s rally — key downside pressure for OUNZ. Gold (XAUUSD) Technical Analysis: Strong Dollar Caps Upside Despite US-Iran Tensions
- Negative Sentiment: Chart patterns (bearish flags / wedge breakdowns) and forecasts flag potential for a second leg lower in spot gold — a technical downside risk for OUNZ. Gold (XAU/USD) Price Forecast: Bear Flag Signals Further Weakness
- Negative Sentiment: Rising oil prices and renewed inflation fears have pushed yields and the dollar higher, which has pressured gold despite geopolitical risk. Gold Falls as Rising Oil Prices Spur Inflation Worries
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.
Featured Stories
- Five stocks we like better than VanEck Merk Gold ETF
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Receive News & Ratings for VanEck Merk Gold ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Merk Gold ETF and related companies with MarketBeat.com's FREE daily email newsletter.
