Market Vectors Gold Miners ETF (NYSE:GDX) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 67,021,103 shares, an increase of 22.5% from the July 14th total of 54,723,068 shares. Based on an average daily volume of 36,250,736 shares, the short-interest ratio is presently 1.8 days.

Market Vectors Gold Miners ETF (NYSE GDX) opened at 23.15 on Monday. The company has a 50 day moving average price of $22.25 and a 200-day moving average price of $22.87. Market Vectors Gold Miners ETF has a one year low of $18.58 and a one year high of $31.79.

Large investors have recently added to or reduced their stakes in the stock. Pekin Singer Strauss Asset Management IL raised its stake in Market Vectors Gold Miners ETF by 5.5% in the second quarter. Pekin Singer Strauss Asset Management IL now owns 42,969 shares of the exchange traded fund’s stock valued at $949,000 after buying an additional 2,250 shares in the last quarter. Patton Albertson Miller Group LLC raised its stake in Market Vectors Gold Miners ETF by 23.1% in the second quarter. Patton Albertson Miller Group LLC now owns 41,171 shares of the exchange traded fund’s stock valued at $940,000 after buying an additional 7,734 shares in the last quarter. National Planning Corp raised its stake in Market Vectors Gold Miners ETF by 4.8% in the second quarter. National Planning Corp now owns 106,081 shares of the exchange traded fund’s stock valued at $2,279,000 after buying an additional 4,822 shares in the last quarter. Blue Sky Asset Management LLC raised its stake in Market Vectors Gold Miners ETF by 238.8% in the second quarter. Blue Sky Asset Management LLC now owns 70,345 shares of the exchange traded fund’s stock valued at $1,553,000 after buying an additional 49,585 shares in the last quarter. Finally, HL Financial Services LLC raised its stake in Market Vectors Gold Miners ETF by 9.6% in the second quarter. HL Financial Services LLC now owns 72,609 shares of the exchange traded fund’s stock valued at $1,603,000 after buying an additional 6,343 shares in the last quarter.

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Market Vectors Gold Miners ETF Company Profile

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