VanEck Vectors Gold Miners ETF (NYSE:GDX) was the recipient of a large drop in short interest during the month of October. As of October 13th, there was short interest totalling 47,824,399 shares, a drop of 7.8% from the September 29th total of 51,876,246 shares. Based on an average daily trading volume, of 32,398,667 shares, the days-to-cover ratio is presently 1.5 days.

Large investors have recently bought and sold shares of the company. Scotia Capital Inc. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 36.8% during the second quarter. Scotia Capital Inc. now owns 33,425 shares of the exchange traded fund’s stock valued at $738,000 after purchasing an additional 8,995 shares during the last quarter. Employees Retirement System of Texas bought a new position in shares of VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $1,921,000. Ameriprise Financial Inc. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 13.6% during the second quarter. Ameriprise Financial Inc. now owns 646,191 shares of the exchange traded fund’s stock valued at $13,393,000 after purchasing an additional 77,535 shares during the last quarter. Puplava Financial Services Inc. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 38.6% during the second quarter. Puplava Financial Services Inc. now owns 39,561 shares of the exchange traded fund’s stock valued at $874,000 after purchasing an additional 11,010 shares during the last quarter. Finally, Virtu KCG Holdings LLC grew its holdings in shares of VanEck Vectors Gold Miners ETF by 10.1% during the second quarter. Virtu KCG Holdings LLC now owns 446,884 shares of the exchange traded fund’s stock valued at $9,867,000 after purchasing an additional 40,825 shares during the last quarter.

VanEck Vectors Gold Miners ETF (GDX) opened at 22.57 on Monday. The company’s 50-day moving average price is $23.54 and its 200-day moving average price is $22.95. VanEck Vectors Gold Miners ETF has a 1-year low of $18.58 and a 1-year high of $25.93.

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VanEck Vectors Gold Miners ETF Company Profile

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