SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Short Interest Up 80.3% in August

SPDR Gold MiniShares Trust (NYSEARCA:GLDM) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 6,243,340 shares, an increase of 80.3% from the August 15th total of 3,462,645 shares. Based on an average daily volume of 5,989,531 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of SPDR Gold MiniShares Trust by 1.1% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,594,406 shares of the company’s stock valued at $1,723,515,000 after acquiring an additional 206,914 shares in the last quarter. Evoke Wealth LLC raised its holdings in shares of SPDR Gold MiniShares Trust by 1.7% during the fourth quarter. Evoke Wealth LLC now owns 7,374,785 shares of the company’s stock worth $629,586,000 after acquiring an additional 123,123 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its holdings in shares of SPDR Gold MiniShares Trust by 45.2% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 3,236,300 shares of the company’s stock valued at $289,066,000 after buying an additional 1,006,700 shares during the last quarter. Evergreen Quality Fund GP Ltd. grew its position in SPDR Gold MiniShares Trust by 16.9% in the fourth quarter. Evergreen Quality Fund GP Ltd. now owns 2,587,215 shares of the company’s stock worth $220,871,000 after acquiring an additional 374,500 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in SPDR Gold MiniShares Trust in the second quarter worth $157,696,000.

SPDR Gold MiniShares Trust News Summary

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Gold had recovered earlier in the session as Treasury-yield pressure eased and crude oil prices declined, providing some support for non-yielding assets ahead of the Fed decision. Gold, silver prices rise as oil eases before Fed decision – Kitco AM Report
• Positive Sentiment: Some analysts continue to view gold as a long-term beneficiary of large fiscal deficits, elevated sovereign debt and geopolitical fragmentation, which could sustain safe-haven demand and support GLDM over time. Hold both gold and Bitcoin as global sovereign debt drives demand
• Neutral Sentiment: Gold outperformed Bitcoin in overnight trading as cryptocurrency ETF outflows and regulatory uncertainty weighed on digital assets, potentially reinforcing gold’s relative appeal. Gold vs. Bitcoin: XAU/USD Rebounds as BTC Tests $75,000
• Negative Sentiment: The Fed raised interest rates by 25 basis points unanimously, while 16 of 18 policymakers indicated that another hike may be warranted in 2026. The hawkish outlook lifted the opportunity cost of holding gold and triggered a decline in bullion prices, pressuring GLDM. Gold price drops as Fed votes for rate hike
• Negative Sentiment: Higher Treasury yields, a firmer U.S. dollar and resilient economic data—including stronger-than-expected August retail sales—are reducing expectations for near-term monetary easing and weighing on gold. Gold price trades after retail sales rise
• Negative Sentiment: India’s gold imports fell nearly 58% in August, signaling weaker demand from a major physical-gold market and adding another short-term headwind for bullion. India’s gold imports fall 58% in August

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM stock traded down $0.47 on Wednesday, reaching $84.53. 5,492,674 shares of the company’s stock traded hands, compared to its average volume of 7,086,657. SPDR Gold MiniShares Trust has a 12-month low of $71.81 and a 12-month high of $109.74. The business’s 50 day moving average price is $84.62 and its two-hundred day moving average price is $88.58.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) 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 London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.