iShares Gold Trust (NYSEARCA:IAU – Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 10,607,280 shares, an increase of 92.7% from the March 15th total of 5,504,027 shares. Based on an average daily volume of 17,157,245 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.2% of the company’s shares are sold short.
Institutional Trading of iShares Gold Trust
A number of institutional investors and hedge funds have recently made changes to their positions in IAU. Brighton Jones LLC acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth $1,864,000. Bison Wealth LLC increased its holdings in iShares Gold Trust by 78.5% in the 4th quarter. Bison Wealth LLC now owns 16,778 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 7,379 shares in the last quarter. AQR Capital Management LLC increased its holdings in iShares Gold Trust by 47.0% in the 1st quarter. AQR Capital Management LLC now owns 26,936 shares of the exchange traded fund’s stock valued at $1,588,000 after purchasing an additional 8,609 shares in the last quarter. Glenview Trust co increased its holdings in iShares Gold Trust by 9.7% in the 2nd quarter. Glenview Trust co now owns 12,384 shares of the exchange traded fund’s stock valued at $772,000 after purchasing an additional 1,095 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in iShares Gold Trust by 6.3% in the 2nd quarter. Main Street Financial Solutions LLC now owns 36,817 shares of the exchange traded fund’s stock valued at $2,296,000 after purchasing an additional 2,172 shares in the last quarter. 59.67% of the stock is currently owned by institutional investors and hedge funds.
iShares Gold Trust Trading Up 2.2%
Shares of iShares Gold Trust stock traded up $1.97 during trading hours on Tuesday, reaching $91.18. 5,276,036 shares of the company’s stock were exchanged, compared to its average volume of 15,905,687. The firm has a market capitalization of $77.63 billion, a price-to-earnings ratio of 5.53 and a beta of 0.20. The company has a fifty day moving average of $92.21 and a 200-day moving average of $84.94. iShares Gold Trust has a 52-week low of $59.71 and a 52-week high of $104.40.
Key Stories Impacting iShares Gold Trust
- Positive Sentiment: Record Q1 inflows into Chinese gold ETFs point to stronger physical demand from investors, wholesalers and the PBoC, supporting bullion and therefore IAU’s NAV and flows. Chinese gold ETFs see record inflows in Q1
- Positive Sentiment: Technical momentum: analysts say gold has reclaimed key support and is pushing toward resistance / higher Fibonacci targets — bullish technicals can attract momentum ETF buying (helps IAU). Gold Price Forecast: Bullish Momentum Extends Toward Resistance Zone
- Positive Sentiment: Weaker U.S. dollar and hopes for de-escalation in the Middle East have lifted gold, supporting ETFs like IAU by improving dollar-adjusted returns for overseas buyers. Gold Rallies As Traders Bet On De-Escalation
- Positive Sentiment: UBS warns gold could rally substantially if geopolitical uncertainty stays high while rate-cut expectations fall — a bullish institutional view that can support inflows into broad gold ETFs like IAU. UBS: Gold will rally substantially if geopolitical uncertainty remains high
- Neutral Sentiment: Gold is testing the $4,800 area — a key technical / psychological level; a clear breakout would amplify ETF flows, while failure could trigger profit-taking. Gold price testing $4,800 resistance
- Neutral Sentiment: Wall Street coverage notes dollar weakness is aiding gold’s move higher; this is market-structure information rather than a new fundamental catalyst. Gold Edges Higher Amid Dollar Weakness
- Negative Sentiment: Inflation risks — hotter PPI readings and $100+ oil scenarios raise the prospect of higher-for-longer Fed policy, which would lift real yields and press gold lower (a headwind for IAU). Will $100+ Oil and Hot PPI Hit Bullish Sentiment?
- Negative Sentiment: Market commentary flags periodic sell-offs on renewed inflation worries and retreating Fed-cut odds — these macro shifts can trigger short-term outflows from gold ETFs. Gold Market Under Pressure as Fed Rate Cut Odds Retreat
- Negative Sentiment: IAU-specific risk: a reported rise in short interest could amplify downside moves if a broader sell-off occurs. Monitor short interest and ETF flows. IAU Sees Significant Growth in Short Interest
About iShares Gold Trust
iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).
Further Reading
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