U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) Short Interest Ratio & Short Volume

Short interest is the volume of U.S. Global GO GOLD and Precious Metal Miners ETF shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 24,500 shares of GOAU short. Learn More on U.S. Global GO GOLD and Precious Metal Miners ETF's 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. GOAU shares currently have a short interest ratio of 1.0. Learn More on U.S. Global GO GOLD and Precious Metal Miners ETF's short interest ratio.

U.S. Global GO GOLD and Precious Metal Miners ETF saw a increase in short interest in April. As of April 15th, there was short interest totaling 24,500 shares, an increase of 82.8% from the previous total of 13,400 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.

Here is how the short interest of companies compare to U.S. Global GO GOLD and Precious Metal Miners ETF: Direxion Daily Gold Miners Index Bear 2x Shares (7.52%), Invesco S&P 500 Equal Weight Materials ETF (0.21%), VanEck Natural Resources ETF (0.11%), First Trust Indxx Global Natural Resources Income ETF (0.13%), Sprott Junior Gold Miners ETF (0.27%), VanEck Steel ETF (1.65%), MicroSectors Gold Miners -3x Inverse Leveraged ETN (144.00%), iShares Copper and Metals Mining ETF (0.33%), Global X Gold Explorers ETF (0.08%), Amplify Lithium & Battery Technology ETF (0.07%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($21.71 billion), iShares 20+ Year Treasury Bond ETF ($9.48 billion), Strategy Inc ($8.92 billion), Charter Communications, Inc. ($3.86 billion), Apollo Global Management Inc. ($3.86 billion), Capital One Financial Corporation ($3.72 billion), Super Micro Computer, Inc. ($3.47 billion), AppLovin Corporation ($2.64 billion), VanEck Semiconductor ETF ($2.46 billion), and The Kroger Co. ($2.33 billion). View all of the most shorted stocks.

Short selling GOAU is an investing strategy that aims to generate trading profit from U.S. Global GO GOLD and Precious Metal Miners ETF as its price is falling. GOAU shares are trading up $0.89 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 U.S. Global GO GOLD and Precious Metal Miners ETF 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 GOAU, 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 GOAU, twice per month. The most recent reporting period available is April, 15 2025.