SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Short Interest Update

SPDR Gold MiniShares Trust (NYSEARCA:GLDM) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 2,852,206 shares, a drop of 54.3% from the August 31st total of 6,243,340 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 5,191,708 shares, the days-to-cover ratio is presently 0.5 days.

SPDR Gold MiniShares Trust News Summary

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Softer U.S. economic data supported gold. September consumer confidence fell to 81.9, well below expectations, while JOLTS job openings declined to 7.08 million. The data reduced expectations for an October Federal Reserve rate hike and helped bullion recover, providing a near-term catalyst for GLDM. Gold price shoots to session high after Consumer Confidence drops
• Positive Sentiment: Gold attracted dip buyers and stabilized above key levels despite a strong dollar. Falling-rate expectations and safe-haven demand could continue supporting GLDM if economic data weakens further. Gold attempts to rebound despite strong dollar
• Positive Sentiment: Longer-term demand remains a potential support: China is reportedly on pace for record gold imports in 2026, while one State Street strategist still sees a path toward $5,000 gold by the second quarter of 2027. China gold imports outlook
• Neutral Sentiment: The outlook depends heavily on the Strait of Hormuz conflict. Persistent disruption could raise oil prices and rates, while de-escalation could remove inflation pressure and improve gold sentiment. Natixis gold price scenarios
• Negative Sentiment: Technical risks remain significant. Gold broke important support and is facing resistance on rallies, with analysts identifying roughly $4,111 and $4,000 as important downside levels. Gold support breakdown deepens bearish pressure
• Negative Sentiment: Surging Treasury yields, a stronger dollar and rising oil-driven inflation have increased expectations for higher-for-longer Fed policy. Those conditions raise the opportunity cost of holding non-yielding gold and could limit GLDM’s rebound. Gold likely headed lower short term
• Negative Sentiment: Natixis sees gold potentially falling toward $4,100 by year-end as inflation and higher interest rates weigh on demand, reinforcing downside risks for GLDM. Natixis gold forecast

Hedge Funds Weigh In On SPDR Gold MiniShares Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in GLDM. Sumitomo Mitsui Trust Group Inc. lifted its holdings in SPDR Gold MiniShares Trust by 1.1% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,594,406 shares of the company’s stock valued at $1,723,515,000 after acquiring an additional 206,914 shares during the period. Resona Asset Management Co. Ltd. lifted its position in shares of SPDR Gold MiniShares Trust by 45.2% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 3,236,300 shares of the company’s stock valued at $289,066,000 after acquiring an additional 1,006,700 shares during the period. Evergreen Quality Fund GP Ltd. boosted its stake in shares of SPDR Gold MiniShares Trust by 16.9% during the 4th quarter. Evergreen Quality Fund GP Ltd. now owns 2,587,215 shares of the company’s stock worth $220,871,000 after acquiring an additional 374,500 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter worth approximately $157,696,000. Finally, Regents of The University of California purchased a new position in SPDR Gold MiniShares Trust in the 1st quarter valued at approximately $133,351,000.

SPDR Gold MiniShares Trust Stock Performance

Shares of SPDR Gold MiniShares Trust stock traded up $1.08 during trading on Tuesday, reaching $82.64. 5,958,268 shares of the stock were exchanged, compared to its average volume of 6,938,257. The stock’s fifty day moving average is $85.51 and its 200 day moving average is $87.48. SPDR Gold MiniShares Trust has a 1 year low of $75.49 and a 1 year high of $109.74.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.