VanEck Gold Miners ETF

NYSE ARCA: GDX
$33.76
-$0.69 (-2.0%)
Closing price April 12, 2024
The VanEck Gold Miners ETF offers investors exposure to the gold mining industry. Managed by Van Eck Associates Corporation, this fund invests globally in companies involved in gold and silver mining, including those operating in the materials and metals sectors. It aims to mirror the performance of the NYSE Arca Gold Miners Index, focusing on both growth and value stocks across a range of market capitalizations. Established in 2006, it provides a way for investors to tap into the precious metals market through a diversified portfolio of mining stocks.
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Short sellers appear dubious about gold, with most expecting seeing prices for the yellow metal improving.
Short interest in gold-mining stocks tumbled in the two-week period that ended November 30.
In the two-week reporting period that ended November 13, short interest decreased on three of five gold-mining stocks.
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Short interest in gold-mining stocks and gold ETFs was mixed in the two-week reporting period ended October 30.
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Short interest in gold mining stocks and gold ETFs was mixed in the two-week reporting period ended October 15. Short sellers made big reductions in some of the gold stocks.
Short sellers pulled out of most gold stocks and exchange-traded funds in the two-week reporting period through September 30.
Short sellers were pulling out of gold mining stocks and gold ETFs in the two-week reporting period that ended September 15.
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With one exception, gold-mining stocks and gold ETFs made modest price moves in the two-week short interest reporting period that ended August 14. Short interest nearly doubled in one gold miner.