VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Short Interest Up 21.3% in February

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 9,953,646 shares, a growth of 21.3% from the February 12th total of 8,208,814 shares. Currently, 12.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,733,829 shares, the short-interest ratio is presently 2.1 days. Based on an average daily trading volume, of 4,733,829 shares, the short-interest ratio is presently 2.1 days. Currently, 12.0% of the shares of the company are short sold.

Hedge Funds Weigh In On VanEck Junior Gold Miners ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Total Investment Management Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF during the 2nd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $28,000. Colonial Trust Advisors acquired a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at approximately $28,000. Finally, TD Waterhouse Canada Inc. grew its holdings in shares of VanEck Junior Gold Miners ETF by 98.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 159 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA:GDXJ opened at $125.13 on Wednesday. VanEck Junior Gold Miners ETF has a 52 week low of $49.33 and a 52 week high of $157.49. The firm’s 50-day simple moving average is $135.37 and its 200 day simple moving average is $113.01. The firm has a market cap of $10.40 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74.

VanEck Junior Gold Miners ETF Company Profile

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.