Is Vaneck Vectors Gold Miners Etf (NYSEARCA:GDX)’s Fuel Running High? Reports Show Less Sellers

June 17, 2018 - By Kurt Siggers

The stock of Vaneck Vectors Gold Miners Etf (NYSEARCA:GDX) registered a decrease of 9.11% in short interest. GDX’s total short interest was 33.14 million shares in June as published by FINRA. Its down 9.11% from 36.46M shares, reported previously. With 36.35 million shares average volume, it will take short sellers 1 days to cover their GDX’s short positions.

The ETF decreased 1.90% or $0.43 during the last trading session, reaching $22.23. About 67.66M shares traded or 92.94% up from the average. VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) has declined 1.76% since June 17, 2017 and is downtrending. It has underperformed by 14.33% the S&P500.

More notable recent VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) news were published by: Seekingalpha.com which released: “Gold Miners’ Q1’18 Fundamentals” on May 19, 2018, also Seekingalpha.com with their article: “The Dollar Reflects Rate Hikes” published on May 31, 2018, Seekingalpha.com published: “Gold Mining Bull: Top News For May 2018” on June 01, 2018. More interesting news about VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) were released by: Seekingalpha.com and their article: “Conviction Trade – Long GDX” published on June 05, 2018 as well as Finance.Yahoo.com‘s news article titled: “3 Gold Stocks That Could Bounce Back” with publication date: June 07, 2018.

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