VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Short Interest Update

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 9,953,646 shares, a growth of 21.3% from the February 12th total of 8,208,814 shares. Based on an average daily volume of 4,733,829 shares, the days-to-cover ratio is currently 2.1 days. Approximately 12.0% of the shares of the company are sold short. Approximately 12.0% of the shares of the company are sold short. Based on an average daily volume of 4,733,829 shares, the days-to-cover ratio is currently 2.1 days.

VanEck Junior Gold Miners ETF Trading Up 1.5%

NYSEARCA GDXJ traded up $1.91 during midday trading on Monday, hitting $125.84. The company had a trading volume of 4,930,815 shares, compared to its average volume of 6,329,239. The firm has a 50-day moving average price of $135.31 and a 200-day moving average price of $112.69. The company has a market capitalization of $10.46 billion, a PE ratio of 24.09 and a beta of 0.74. VanEck Junior Gold Miners ETF has a twelve month low of $49.33 and a twelve month high of $157.49.

Hedge Funds Weigh In On VanEck Junior Gold Miners ETF

Hedge funds have recently bought and sold shares of the company. Total Investment Management Inc. bought a new stake in VanEck Junior Gold Miners ETF during the second quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth $28,000. Colonial Trust Advisors acquired a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at about $28,000. Mcguire Capital Advisors Inc. acquired a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at about $28,000. Finally, TD Waterhouse Canada Inc. grew its position in VanEck Junior Gold Miners ETF by 98.1% in the third quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 159 shares during the last quarter.

About VanEck Junior Gold Miners ETF

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.