NEW YORK (AVAFIN) -- Financial institutions traded 49 block trades on shares of Market Vectors Gold Miners ETF. Further analysis
into the trading activity revealed that 508,902 shares were bought and
1,228,493 shares were sold. The bought/sold ratio for shares of GDX is 0.41,
representing a negative net cash flow of $33,443,501 out of the stock.
Options traders were busy as well, a total of 86,834 call and 104,899 put contracts were traded
yesterday yielding a 1.21 put/call ratio.
Market Vectors Gold Miners ETF is currently trading at $45.97, down $1.25 (2.66%) in today's trading
session. The shares of the stock were trading between $45.50 and $47.19. Performance indicators show that the stock has lost -7.54% within the last week.
Todays's volume of 28M shares is greater than the average volume of 13M
shares. GDX is trading below the 50 day moving average and
lower than the 200 day moving average.