AngloGold Ashanti plc (NYSE:AU – Get Free Report) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 5,050,000 shares, an increase of 25.0% from the June 30th total of 4,040,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the days-to-cover ratio is currently 2.8 days.
AngloGold Ashanti Trading Up 0.0 %
AngloGold Ashanti stock traded up $0.01 during trading on Friday, hitting $27.11. 1,020,777 shares of the company were exchanged, compared to its average volume of 1,300,701. The business’s 50 day moving average is $25.50 and its 200 day moving average is $22.38. AngloGold Ashanti has a 52 week low of $14.91 and a 52 week high of $30.09.
Institutional Trading of AngloGold Ashanti
Institutional investors and hedge funds have recently made changes to their positions in the company. Lester Murray Antman dba SimplyRich bought a new position in shares of AngloGold Ashanti in the second quarter valued at approximately $374,000. Atomi Financial Group Inc. purchased a new position in AngloGold Ashanti in the second quarter worth $227,000. Bank of New York Mellon Corp grew its stake in AngloGold Ashanti by 17.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 573,380 shares of the mining company’s stock valued at $14,409,000 after purchasing an additional 83,641 shares during the period. Blue Trust Inc. increased its position in shares of AngloGold Ashanti by 338.3% during the 2nd quarter. Blue Trust Inc. now owns 3,471 shares of the mining company’s stock valued at $87,000 after purchasing an additional 2,679 shares during the last quarter. Finally, Cigna Investments Inc. New purchased a new stake in shares of AngloGold Ashanti during the 2nd quarter valued at $206,000. Hedge funds and other institutional investors own 36.09% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Report on AngloGold Ashanti
About AngloGold Ashanti
AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.
See Also
- Five stocks we like better than AngloGold Ashanti
- What is the Dogs of the Dow Strategy? Overview and Examples
- Is Crypto Cool Again? What Stocks You Should Be Watching
- What is a Dividend King?
- Why Call Options Volume for These 2 Stocks Spiked Together
- Stock Average Calculator
- MarketBeat Week in Review – 7/22 – 7/26
Receive News & Ratings for AngloGold Ashanti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngloGold Ashanti and related companies with MarketBeat.com's FREE daily email newsletter.