Royal Gold (RGLD) has 2,456,069 shares of shorts outstanding as on August 15, 2016, with 4 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 2,518,217 shares. The stock has a decent trading volume of 604,873 shares daily. The marginal decrease in the short positions is by -2.5%, which amounts to -62,148 shares. Short positions are 3.8% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Royal Gold (NASDAQ:RGLD): The stock opened at $81.75 on Wednesday but the bulls could not build on the opening and the stock topped out at $81.75 for the day. The stock traded down to $75.36 during the day, due to lack of any buying support eventually closed down at $75.76 with a loss of -8.43% for the day. The stock had closed at $82.73 on the previous day. The total traded volume was 1,277,295 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP, GC and Corp Secretary) of Royal Gold Inc, Kirchhoff Bruce Christopher had sold 3,333 shares worth of $220,611 in a transaction dated June 22, 2016. In this transaction, 3,333 shares were sold at $66.19 per share.
Royal Gold, Inc. (Royal Gold), together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties, metal streams and similar interests. The Company operates through two business segments: acquisition and management of royalty interests and acquisition and management of stream interests. As of June 30, 2015, the Company owned stream interests on one producing property and two development-stage properties and owned royalty interests on 36 producing properties, 22 development-stage properties and 135 exploration-stage properties. The Companys principal producing properties include Andacollo, Cortez, Holt, Mount Milligan, Mulatos, Penasquito, Robinson Mine, Voiseys Bay, and Wassa, Bogoso and Prestea. The Companys principal development-stage properties include Pascua-Lama project and Phoenix Gold.