Roundhill Gold WeeklyPay ETF (BATS:GLDW) Sees Significant Increase in Short Interest

Roundhill Gold WeeklyPay ETF (BATS:GLDW) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 64,535 shares, a growth of 130.5% from the August 15th total of 28,000 shares. Approximately 16.1% of the shares of the company are sold short. Based on an average daily volume of 14,637 shares, the short-interest ratio is currently 4.4 days.

Roundhill Gold WeeklyPay ETF Stock Performance

GLDW opened at $42.25 on Monday. Roundhill Gold WeeklyPay ETF has a 1-year low of $39.71 and a 1-year high of $69.97. The stock’s 50 day simple moving average is $42.58 and its 200 day simple moving average is $48.15.

Institutional Investors Weigh In On Roundhill Gold WeeklyPay ETF

Institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC grew its holdings in shares of Roundhill Gold WeeklyPay ETF by 12.5% during the 2nd quarter. Citadel Advisors LLC now owns 5,316 shares of the company’s stock worth $217,000 after purchasing an additional 591 shares during the period. Jane Street Group LLC acquired a new position in Roundhill Gold WeeklyPay ETF during the fourth quarter valued at approximately $258,000. Finally, OLD Mission Capital LLC acquired a new position in Roundhill Gold WeeklyPay ETF during the fourth quarter valued at approximately $413,000.

About Roundhill Gold WeeklyPay ETF

World Gold Trust operates as a trust. It consists of series of fund which include SPDR Long Dollar Gold Trust, which is designed to provide investors with the economic effect of holding gold in terms of the reference currencies. The company was founded on August 27, 2014 and is headquartered in New York, NY.