Market Vectors Etf Trust Short Interest Down 12.6% in July (GDX)
Shares of Market Vectors Etf Trust (NYSE:GDX) were the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 23,611,768 shares, a decrease of 12.6% from the July 15th total of 27,010,186 shares, Analyst Ratings Network.com reports. Based on an average daily volume of 29,536,504 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s shares are short sold.
Market Vectors Etf Trust (NYSE:GDX) opened at 26.99 on Tuesday. Market Vectors Etf Trust has a one year low of $20.24 and a one year high of $31.35. The stock’s 50-day moving average is $26.63 and its 200-day moving average is $25.06.
Market Vectors Gold Miners ETF (NYSE:GDX) seeks to replicate as closely as possible, the price and yield performance of the NYSE Arca Gold Miners Index (GDM).
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