Short sellers still moving into gold miners

By Nelson Hem
Benzinga

Among gold stocks, Barrick Gold, Kinross Gold and Newmont Mining saw significant upswings in short interest between the June 28 and July 15 settlement dates.

Other gold mining companies that also saw the number of shares sold short increase by double-digit percentages in the period include Agnico-Eagle Mines , GoldCorp and Yamana Gold.

Short interest in AngloGold Ashanti, Eldorado Gold, IAMGOLD, Royal Gold, increased more modestly.

However, note that short sellers retreated somewhat from Gold Fields, Harmony Gold Mining and Randgold Resources in the first weeks of July.

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