Short Interest in NEOS Gold High Income ETF (BATS:IAUI) Declines By 46.3%

NEOS Gold High Income ETF (BATS:IAUI) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 15,514 shares, a drop of 46.3% from the July 15th total of 28,903 shares. Based on an average daily trading volume, of 182,073 shares, the days-to-cover ratio is currently 0.1 days. Approximately 5.3% of the shares of the company are short sold.

NEOS Gold High Income ETF Stock Performance

IAUI opened at $51.64 on Monday. The company’s 50-day simple moving average is $49.86 and its two-hundred day simple moving average is $55.36. NEOS Gold High Income ETF has a 52-week low of $47.86 and a 52-week high of $64.57.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Private Advisor Group LLC purchased a new stake in NEOS Gold High Income ETF during the 1st quarter valued at $13,507,000. Royal Bank of Canada bought a new position in shares of NEOS Gold High Income ETF during the 4th quarter valued at $9,312,000. Integrity Wealth Partners LLC purchased a new position in shares of NEOS Gold High Income ETF in the 1st quarter worth $1,977,000. PFG Advisors purchased a new position in shares of NEOS Gold High Income ETF in the 4th quarter worth $743,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of NEOS Gold High Income ETF in the fourth quarter worth $543,000.

NEOS Gold High Income ETF Company Profile

The Neos ETF Trust – Gold High Income ETF (IAUI) is an exchange-traded fund that trades on the BATS exchange in the United States.