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The following is a list of gold stocks that have seen a sharp increase in short interest over the last three months.

To create the list, we started with a universe of about 50 gold stocks. We then narrowed down the universe by only focusing on stocks that have seen a sharp increase in shares shorted between 8/13 - 11/15.

Short sellers seem to think these stocks are vulnerable, what do you think? Full analysis below.

Short trends data sourced from AOL Money, current short float data sourced from Finviz.

Interactive Chart: Press Play to see how analyst ratings have changed for all the stocks mentioned below.

The list has been sorted alphabetically.

1. Allied Nevada Gold Corp. (ANV): Market cap of $2.38B. Shares shorted have increased from 4.67M to 4.85M. Short float at 6.14%, which implies a short ratio of 5.16 days. The stock has gained 105.69% over the last year.

2. Fronteer Gold Inc (FRG): Market cap of $1.46B. Shares shorted have increased from 1.31M to 3.08M. Short float at 2.16%, which implies a short ratio of 2.67 days. The stock has gained 130.88% over the last year.

3. IAMGOLD Corp. (IAG): Market cap of $6.11B. Shares shorted have increased from 2.91M to 2.94M. Short float at 0.8%, which implies a short ratio of 0.8 days. The stock has lost -13.2% over the last year.

4. NovaGold Resources Inc. (NG): Market cap of $3.24B. Shares shorted have increased from 10.89M to 16.69M. Short float at 9.71%, which implies a short ratio of 3.76 days. The stock has gained 157.42% over the last year.

5. Yamana Gold, Inc. (AUY): Market cap of $8.66B. Shares shorted have increased from 3.82M to 5.42M. Short float at 0.73%, which implies a short ratio of 0.58 days. The stock has lost -11.92% over the last year.

Disclosure: No positions

Source: 5 Gold Stocks Being Targeted by Short Sellers