VanEck Merk Gold ETF (NYSEARCA:OUNZ) Short Interest Update

VanEck Merk Gold ETF (NYSEARCA:OUNZ) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 299,839 shares, a drop of 36.5% from the July 15th total of 472,069 shares. Based on an average daily volume of 577,686 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the shares of the company are short sold.

VanEck Merk Gold ETF News Roundup

Here are the key news stories impacting VanEck Merk Gold ETF this week:

• Positive Sentiment: Gold jumped above $4,500 as the U.S. Treasury announced additional long-term debt buybacks. The resulting decline in 30-year yields and a three-month low in the dollar improved the appeal of non-yielding gold. Gold price jumps 4% past $4,500 as Treasury buys back its own long-term debt
• Positive Sentiment: Long-dated Treasury bonds rallied after the buyback announcement, reinforcing the favorable macroeconomic backdrop for bullion and gold-backed ETFs such as OUNZ. Gold soars as U.S. bond markets rally
• Positive Sentiment: Gold broke above key technical resistance and moved toward its 200-day moving average, strengthening bullish momentum and raising the possibility of additional gains. Gold price forecast: Breakout puts 200-day moving average in focus
• Positive Sentiment: Wells Fargo maintained a constructive precious-metals outlook and projected gold could reach $4,900 in 2026, citing persistent demand from Asian investors and central banks. Wells Fargo reiterates positive outlook for precious metals
• Neutral Sentiment: Investor attention remains focused on Federal Reserve minutes for clues about the September policy outlook. A weaker dollar and easing rate-hike expectations support gold, but the policy debate remains unsettled.
• Negative Sentiment: Higher crude oil prices and lingering inflation concerns could keep Treasury yields elevated, limiting further gains in gold if markets reduce expectations for monetary easing. Gold firms as softer dollar offsets oil-led yield pressure

Institutional Investors Weigh In On VanEck Merk Gold ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Walkner Condon Financial Advisors LLC increased its stake in shares of VanEck Merk Gold ETF by 0.5% in the first quarter. Walkner Condon Financial Advisors LLC now owns 43,352 shares of the company’s stock worth $1,951,000 after purchasing an additional 229 shares in the last quarter. Stephens Inc. AR increased its stake in VanEck Merk Gold ETF by 4.2% in the 4th quarter. Stephens Inc. AR now owns 7,060 shares of the company’s stock worth $293,000 after acquiring an additional 285 shares during the last quarter. Kingswood Wealth Advisors LLC raised its stake in VanEck Merk Gold ETF by 3.8% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 9,843 shares of the company’s stock valued at $408,000 after purchasing an additional 364 shares in the last quarter. Invst LLC raised its position in shares of VanEck Merk Gold ETF by 3.1% during the 4th quarter. Invst LLC now owns 13,256 shares of the company’s stock valued at $550,000 after buying an additional 400 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in VanEck Merk Gold ETF by 7.9% during the fourth quarter. Global Retirement Partners LLC now owns 6,307 shares of the company’s stock valued at $262,000 after purchasing an additional 463 shares during the period.

VanEck Merk Gold ETF Price Performance

OUNZ stock opened at $43.32 on Thursday. The company has a market cap of $2.79 billion, a P/E ratio of 6.97 and a beta of 0.17. The stock’s fifty day moving average price is $39.97 and its 200-day moving average price is $43.74. VanEck Merk Gold ETF has a 1 year low of $32.05 and a 1 year high of $53.35.

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.