iShares Gold Trust (IAU) Most Shorted Gold Company on NYSE

iShares Gold Trust (NYSE:IAU) is the most shorted gold company on the New York Stock Exchange, with 7,886,558 shares sold short on April 29.

Another 3,959,535 shares were sold short on April 15. That almost doubled the amount of shorts sold.

Gold for June delivery shed $3 to close at $1,490.60 at the Comex division of the New York Mercantile Exchange. The gold price Monday traded in a range of a low of $1,486 and a high of $1,504.30.

Silver prices ended the day down 88 cents to close at $34.13 an ounce.

The U.S. dollar index fell 0.43 percent to $75.38.

The euro strengthened as Monday trading went on, putting pressure on the U.S. dollar.

iShares Gold Trust closed Monday at $14.57, dropping $0.02, or 0.14 percent.