Short Interest in Roundhill Gold WeeklyPay ETF (BATS:GLDW) Increases By 130.5%

Roundhill Gold WeeklyPay ETF (BATS:GLDW) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 64,535 shares, an increase of 130.5% from the August 15th total of 28,000 shares. Approximately 16.1% of the company’s shares are sold short. Based on an average daily trading volume, of 14,637 shares, the days-to-cover ratio is presently 4.4 days.

Hedge Funds Weigh In On Roundhill Gold WeeklyPay ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GLDW. Citadel Advisors LLC grew its stake in Roundhill Gold WeeklyPay ETF by 12.5% during the 2nd quarter. Citadel Advisors LLC now owns 5,316 shares of the company’s stock worth $217,000 after buying an additional 591 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of Roundhill Gold WeeklyPay ETF in the 4th quarter valued at $413,000. Finally, Jane Street Group LLC purchased a new stake in Roundhill Gold WeeklyPay ETF in the 4th quarter valued at $258,000.

Roundhill Gold WeeklyPay ETF Stock Performance

BATS:GLDW opened at $42.25 on Monday. Roundhill Gold WeeklyPay ETF has a 52 week low of $39.71 and a 52 week high of $69.97. The stock’s fifty day moving average is $42.58 and its two-hundred day moving average is $48.15.

Roundhill Gold WeeklyPay ETF Company Profile

World Gold Trust operates as a trust. It consists of series of fund which include SPDR Long Dollar Gold Trust, which is designed to provide investors with the economic effect of holding gold in terms of the reference currencies. The company was founded on August 27, 2014 and is headquartered in New York, NY.