GLDM Short Interest
SPDR Gold MiniShares Trust (GLDM) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $30.28B, listed on AMEX, carrying a beta of 0.16 to the broader market. The investment objective of SPDR Gold MiniShares Trust (GLDM) is for the Shares of GLDM (MiniShares) to reflect the performance of the price of gold bullion, less GLDM's expensesShares of GLDM are designed for investors who want a cost-effective and convenient way to invest in goldFor many investors, costs associated with buying and selling the Shares in the secondary market and the payment of GLDM's ongoing expenses will be lower than the costs associated with buying and selling gold bullion and storing and insuring gold bullion in a traditional allocated gold bullion account public since 2018-06-26.
Short interest is the total number of shares currently sold short and not yet covered, reported bi-monthly by FINRA. Days to cover (short interest divided by average daily volume) indicates how long it would take short sellers to close positions, with higher values signaling greater squeeze potential.
- Settlement Date
- 2026-05-15
- Short Interest
- 3.5M
- Previous Short Interest
- 3.2M
- Change
- 9.10%
- Days to Cover
- 1.09
- Avg Daily Volume
- 3.2M
- Avg Days to Cover (24 reports)
- 1.17
Showing 24 bi-monthly FINRA short interest reports for SPDR Gold MiniShares Trust.
Learn how short interest is reported and how to read the data →
Frequently asked GLDM short interest questions
- What is the current GLDM short interest?
- As of the May 15, 2026 settlement, SPDR Gold MiniShares Trust (GLDM) short interest is 3.5M shares, a +9.10% change from the prior period. FINRA publishes short interest twice monthly on the 15th and last business day of each month under Rule 4560.
- What is the GLDM days-to-cover ratio?
- Days-to-cover is 1.09, calculated as short interest divided by average daily volume. It estimates how many trading days closing all short positions would consume given typical liquidity. Values above 5 days are commonly cited as elevated; values above 10 days are squeeze-relevant.
- How does GLDM short interest affect options pricing?
- High short interest changes options pricing through three mechanics: borrow-rebate effects (synthetic long stock trades below frictionless put-call parity by approximately the borrow rebate when shares are hard-to-borrow), gamma-squeeze setup risk (if dealers are short gamma against retail call buying, dealer hedge flow can amplify upward moves), and elevated event-vol pricing on names with squeeze potential. See the canonical short-interest documentation for the full mechanism.