Short Interest in VanEck Merk Gold ETF (NYSEARCA:OUNZ) Expands By 77.1%

VanEck Merk Gold ETF (NYSEARCA:OUNZ) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 682,990 shares, a growth of 77.1% from the August 15th total of 385,725 shares. Based on an average trading volume of 743,029 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.1% of the shares of the company are sold short.

VanEck Merk Gold ETF Trading Up 1.7%

OUNZ opened at $41.75 on Friday. VanEck Merk Gold ETF has a 1-year low of $34.94 and a 1-year high of $53.35. The stock’s fifty day simple moving average is $41.19 and its 200 day simple moving average is $42.92. The stock has a market cap of $2.69 billion, a PE ratio of 6.97 and a beta of 0.19.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Waverly Advisors LLC bought a new position in shares of VanEck Merk Gold ETF during the second quarter worth approximately $328,000. Tucker Asset Management LLC lifted its holdings in shares of VanEck Merk Gold ETF by 106.3% during the second quarter. Tucker Asset Management LLC now owns 26,819 shares of the company’s stock worth $1,035,000 after buying an additional 13,818 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in shares of VanEck Merk Gold ETF by 93.9% in the second quarter. Ameritas Advisory Services LLC now owns 486,660 shares of the company’s stock valued at $18,780,000 after acquiring an additional 235,673 shares during the period. Morling Financial Advisors LLC acquired a new position in shares of VanEck Merk Gold ETF in the second quarter valued at about $272,000. Finally, Continuum Advisory LLC raised its stake in VanEck Merk Gold ETF by 57.7% in the 2nd quarter. Continuum Advisory LLC now owns 43,369 shares of the company’s stock worth $1,674,000 after purchasing an additional 15,866 shares in the last quarter.

Trending Headlines about VanEck Merk Gold ETF

Here are the key news stories impacting VanEck Merk Gold ETF this week:

• Positive Sentiment: Gold and silver recovered after the Federal Reserve’s decision as the dollar and Treasury yields eased. Gold’s move back above key technical levels has encouraged bullish momentum, with analysts watching potential targets near $4,403. Gold and Silver Price Forecast: Softer Dollar Lifts Metals After Fed
• Positive Sentiment: A pullback in oil prices eased inflation concerns and reduced expectations for additional rate increases, helping gold advance. Softer Treasury yields and the dollar provided additional support. Gold Rises, Likely Supported by Oil Pullback
• Positive Sentiment: Spot gold climbed above $4,340 as lower crude prices, a softer dollar and falling yields extended the recovery after the Fed’s first rate hike in more than three years. Gold price rebounds above $4,340 as lower oil eases rate pressure
• Positive Sentiment: North American gold ETF inflows surged, indicating strong investor demand for gold exposure, although rising real yields remain a risk to the trade. North American Gold ETF Buying Jumped From $71 Million to $7.7 Billion in One Month
• Positive Sentiment: Weak U.S. housing data and concerns about economic resilience added to safe-haven demand, while gold held above near-term support despite stronger-than-expected jobless-claims and manufacturing data. Gold price near high after U.S. housing starts fall
• Neutral Sentiment: Technical analysts see a possible bullish breakout if gold clears resistance around $4,381-$4,500, but momentum remains unconfirmed and failure to break higher could limit gains. Gold Forecast: $4,381 Breakout Could Open Path to $4,973
• Negative Sentiment: The Fed’s hawkish outlook remains a headwind: policymakers signaled that another rate hike may be warranted in 2026. Higher rates and real yields could weigh on gold and OUNZ if the dollar and bond yields rebound. Gold price drops as Fed signals further rate hikes

About VanEck Merk Gold ETF

The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is managed by VanEck.