Goldman Sachs Physical Gold ETF (BATS:AAAU) Short Interest Update

Goldman Sachs Physical Gold ETF (BATS:AAAU – Get Free Report) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 397,927 shares, a decline of 66.7% from the August 31st total of 1,194,395 shares. Based on an average trading volume of 1,566,448 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the shares of the company are short sold.

Hedge Funds Weigh In On Goldman Sachs Physical Gold ETF

Several hedge funds have recently made changes to their positions in AAAU. Ballast Advisors LLC acquired a new position in Goldman Sachs Physical Gold ETF in the first quarter worth approximately $34,000. Capital Analysts LLC boosted its holdings in shares of Goldman Sachs Physical Gold ETF by 645.9% in the second quarter. Capital Analysts LLC now owns 3,752 shares of the company’s stock worth $148,000 after buying an additional 3,249 shares during the period. Parallel Advisors LLC increased its position in shares of Goldman Sachs Physical Gold ETF by 20.9% in the first quarter. Parallel Advisors LLC now owns 3,255 shares of the company’s stock worth $150,000 after acquiring an additional 562 shares in the last quarter. Mascagni Wealth Management Inc. acquired a new stake in Goldman Sachs Physical Gold ETF during the 4th quarter valued at $200,000. Finally, Centerline Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF in the second quarter worth $207,000.

Key Headlines Impacting Goldman Sachs Physical Gold ETF

Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:

Goldman Sachs Physical Gold ETF Stock Performance

AAAU traded up $0.31 on Tuesday, reaching $40.96. The company had a trading volume of 469,206 shares, compared to its average volume of 2,600,287. The company has a fifty day moving average of $42.61 and a 200-day moving average of $43.59. Goldman Sachs Physical Gold ETF has a one year low of $37.65 and a one year high of $54.71.

About Goldman Sachs Physical Gold ETF

(Get Free Report)

The Goldman Sachs Physical Gold ETF (AAAU) 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 vaults located in the UK. AAAU was launched on Jul 26, 2018 and is issued by Goldman Sachs.

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