iShares Gold Trust (IAU) Short Interest Update

iShares Gold Trust (NYSEARCA:IAU) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 7,142,195 shares, a drop of 39.5% from the January 15th total of 11,807,002 shares. Based on an average daily volume of 15,454,160 shares, the short-interest ratio is presently 0.5 days.

IAU stock opened at $12.51 on Thursday. iShares Gold Trust has a 1 year low of $11.25 and a 1 year high of $13.11.

Hedge funds have recently bought and sold shares of the business. Larson Financial Group LLC acquired a new stake in iShares Gold Trust in the 4th quarter valued at about $38,000. Financial Advantage Inc. acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $41,000. Essex Savings Bank acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $47,000. Karp Capital Management Corp acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $54,000. Finally, Duncker Streett & Co. Inc. acquired a new stake in shares of iShares Gold Trust during the 4th quarter worth about $61,000.

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iShares Gold Trust Company Profile

iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust.

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