VanEck Merk Gold ETF (NYSEARCA:OUNZ – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 682,990 shares, an increase of 77.1% from the August 15th total of 385,725 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average trading volume of 743,029 shares, the short-interest ratio is currently 0.9 days.
Hedge Funds Weigh In On VanEck Merk Gold ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in OUNZ. Ferguson Shapiro LLC acquired a new position in VanEck Merk Gold ETF in the second quarter worth about $3,042,000. Asset One Wealth Management LLC acquired a new position in shares of VanEck Merk Gold ETF in the 4th quarter worth approximately $33,578,000. Texas Yale Capital Corp. bought a new position in shares of VanEck Merk Gold ETF during the 4th quarter worth approximately $792,000. Virtu Financial LLC acquired a new stake in VanEck Merk Gold ETF in the 4th quarter valued at $5,093,000. Finally, Drake & Associates LLC grew its position in VanEck Merk Gold ETF by 7.0% in the fourth quarter. Drake & Associates LLC now owns 481,730 shares of the company’s stock valued at $19,982,000 after acquiring an additional 31,713 shares during the period.
More VanEck Merk Gold ETF News
Here are the key news stories impacting VanEck Merk Gold ETF this week:
- Positive Sentiment: Easing Treasury yields and softer crude oil prices briefly supported gold ahead of the Fed announcement, providing a potential near-term stabilizer for OUNZ. Gold, silver prices rise as oil eases before Fed decision
- Positive Sentiment: Some analysts view any pullback caused by higher rates as a longer-term buying opportunity, citing persistent inflation and gold’s potential appeal if monetary-policy risks eventually intensify. A hawkish Fed won’t keep gold price down for long
- Neutral Sentiment: Technical analysts say gold remains in a falling-wedge pattern, leaving a bullish breakout possible if prices reclaim key resistance; however, the near-term trend remains fragile. Gold Forecast: Bearish Pressure Meets Falling Wedge
- Neutral Sentiment: India’s gold imports plunged nearly 58% in August, signaling weaker physical demand from a major consumer, although this is partly offset by broader investment and central-bank demand. India’s gold imports fall 58% in August
- Negative Sentiment: The Fed delivered the expected 25-basis-point rate hike, while 16 of 18 policymakers projected another increase in 2026. Chair Kevin Warsh’s inflation-focused comments reinforced a hawkish outlook, lifting the opportunity cost of holding non-yielding gold. Gold price drops after Fed rate hike
- Negative Sentiment: Gold broke below 50-day support as Treasury yields moved above 5% and the stronger dollar pressured precious metals. A sustained break of nearby technical support could lead to additional downside for OUNZ. 10-Year Yield Above 5% Keeps Sellers in Control
VanEck Merk Gold ETF Trading Down 0.6%
VanEck Merk Gold ETF Company Profile
The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is managed by VanEck.
See Also
- Five stocks we like better than VanEck Merk Gold ETF
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for VanEck Merk Gold ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Merk Gold ETF and related companies with MarketBeat.com's FREE daily email newsletter.
