SPDR Gold Shares (GLD) Short Interest Ratio & Short Volume

Short interest is the volume of SPDR Gold Shares shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 9,550,000 shares of GLD short. 2.86% of SPDR Gold Shares' shares are currently sold short. Learn More on SPDR Gold Shares' current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. GLD shares currently have a short interest ratio of 1.0. Learn More on SPDR Gold Shares's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of SPDR Gold Shares: Wolverine Trading LLC, Nomura Holdings Inc., CTC LLC, Shay Capital LLC, Man Group plc, LMR Partners LLP, Group One Trading LLC, Garden State Investment Advisory Services LLC, Bluefin Capital Management LLC, BNP Paribas Financial Markets, Boothbay Fund Management LLC, BlueCrest Capital Management Ltd, Bank of America Corp DE, Jane Street Group LLC, Ripple Effect Asset Management LP, Raymond James Financial Inc., Squarepoint Ops LLC, Alphadyne Asset Management LP, Dymon Asia Capital Singapore PTE. LTD., Hunting Hill Global Capital LLC, Maven Securities LTD, Natixis, Bank of Nova Scotia, CMT Capital Markets Trading GmbH, Marshall Wace LLP, Walleye Capital LLC, Walleye Trading LLC, HBK Investments L P, Lido Advisors LLC, Hsbc Holdings PLC, All Terrain Financial Advisors LLC, Financial Advocates Investment Management, Jefferies Financial Group Inc., Eisler Capital Management Ltd., Sagil Capital LLP, Citigroup Inc., Waratah Capital Advisors Ltd., SG Americas Securities LLC, Simplify Asset Management Inc., Marathon Trading Investment Management LLC, Simplex Trading LLC, Astra Wealth Partners LLC, Bank of Montreal Can, 4WEALTH Advisors Inc., Belvedere Trading LLC, Swan Global Investments LLC, Twin Tree Management LP, IMC Chicago LLC, Venture Visionary Partners LLC, and AdvisorNet Financial Inc. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.86% of SPDR Gold Shares' floating shares are currently sold short.

SPDR Gold Shares saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 9,550,000 shares, a decrease of 17.2% from the previous total of 11,540,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

2.86% of SPDR Gold Shares' shares are currently sold short. Here is how the short interest of companies compare to SPDR Gold Shares: iShares Gold Trust (0.92%), SPDR Gold MiniShares Trust (1.66%), iShares Gold Trust Micro (0.90%), VanEck Merk Gold ETF (0.17%), GraniteShares Gold Trust (1.58%), abrdn Physical Gold Shares ETF (1.12%), ProShares Ultra Gold (4.75%), Franklin Responsibly Sourced Gold ETF (0.35%), ProShares UltraShort Gold (12.31%), MicroSectors Gold -3x Inverse Leveraged ETN (10.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($70.87 billion), Invesco QQQ ($30.12 billion), iShares Russell 2000 ETF ($19.85 billion), iShares 20+ Year Treasury Bond ETF ($10.34 billion), Strategy Inc ($8.98 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($7.61 billion), SPDR S&P Biotech ETF ($6.81 billion), Invesco S&P 500 Equal Weight ETF ($6.14 billion), Palo Alto Networks, Inc. ($5.97 billion), and Super Micro Computer, Inc. ($5.28 billion). View all of the most shorted stocks.

Short selling GLD is an investing strategy that aims to generate trading profit from SPDR Gold Shares as its price is falling. GLD shares are trading up $1.52 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for SPDR Gold Shares occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of GLD, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GLD, twice per month. The most recent reporting period available is July, 31 2025.