GraniteShares Gold Trust (NYSEARCA:BAR) Short Interest Update

GraniteShares Gold Trust (NYSEARCA:BAR) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 234,939 shares, a growth of 23.1% from the March 15th total of 190,796 shares. Based on an average daily trading volume, of 612,774 shares, the short-interest ratio is presently 0.4 days. Approximately 0.7% of the company’s shares are short sold.

Hedge Funds Weigh In On GraniteShares Gold Trust

A number of hedge funds have recently added to or reduced their stakes in the business. Institute for Wealth Management LLC. lifted its stake in GraniteShares Gold Trust by 2.5% in the fourth quarter. Institute for Wealth Management LLC. now owns 9,767 shares of the company’s stock valued at $415,000 after buying an additional 236 shares during the last quarter. World Investment Advisors increased its position in GraniteShares Gold Trust by 5.3% in the 4th quarter. World Investment Advisors now owns 5,668 shares of the company’s stock valued at $231,000 after acquiring an additional 283 shares during the period. Osaic Holdings Inc. raised its stake in GraniteShares Gold Trust by 0.3% during the 2nd quarter. Osaic Holdings Inc. now owns 147,624 shares of the company’s stock valued at $4,818,000 after acquiring an additional 416 shares in the last quarter. Investor s Fiduciary Advisor Network LLC increased its stake in GraniteShares Gold Trust by 3.6% during the 4th quarter. Investor s Fiduciary Advisor Network LLC now owns 13,409 shares of the company’s stock valued at $569,000 after buying an additional 466 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its position in GraniteShares Gold Trust by 6.8% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,366 shares of the company’s stock worth $313,000 after acquiring an additional 471 shares in the last quarter.

GraniteShares Gold Trust Trading Up 0.2%

Shares of BAR traded up $0.08 during trading hours on Thursday, hitting $47.30. The stock had a trading volume of 77,761 shares, compared to its average volume of 1,206,379. The company’s fifty day simple moving average is $48.23 and its 200 day simple moving average is $44.47. GraniteShares Gold Trust has a 12-month low of $31.23 and a 12-month high of $54.63.

GraniteShares Gold Trust News Summary

Here are the key news stories impacting GraniteShares Gold Trust this week:

• Positive Sentiment: Large Q1 inflows into Chinese gold ETFs point to continued physical demand from investors, wholesalers and central buyers — a structural support for gold prices and thus for BAR. Chinese gold ETFs see record inflows in Q1
• Positive Sentiment: Dollar weakness and falling U.S. yields are helping gold test its 50-day moving average; a clean breakout above that technical level would likely lift BAR. Will Dollar Weakness Push Gold Through 50-Day MA?
• Positive Sentiment: Modest intraday technical buying has produced small gains in gold, providing short-term support for BAR as traders hunt for momentum trades. Modest price gains for gold, silver on technical buying
• Neutral Sentiment: Multiple technical and intra-day analyses highlight key resistance and entry levels around $4,800 for gold — these studies inform trader behavior but don’t change fundamentals immediately for BAR. Gold market analysis for April 16
• Negative Sentiment: The Philly Fed manufacturing survey jumped in April, signaling firmer U.S. activity; stronger growth/upside inflation risk can lift yields and reduce gold’s safe-haven appeal, which is a headwind for BAR. Gold’s safe-haven appeal weakening as Philly Fed Survey jumps in April
• Negative Sentiment: Weekly U.S. jobless claims fell to 207k, another sign of a resilient labor market that can support higher Treasury yields and pressure gold/BAR. Gold prices holding $4,800 as US weekly jobless claims fall to 207k
• Negative Sentiment: Signs of U.S.-Iran diplomacy and hopes for de?escalation have cooled safe-haven demand; easing geopolitical risk can cap gold upside and weigh on BAR if talks continue. Will Diplomacy Sink the Gold Rally?

GraniteShares Gold Trust Company Profile

The GraniteShares Gold Trust (BAR) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less trust expenses and liabilities, using physically held gold stored and secured in vaults in London. BAR was launched on Aug 31, 2017 and is managed by GraniteShares.