Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) Short Interest Update

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 1,508 shares, a drop of 48.0% from the August 31st total of 2,900 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 11,655 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Strategy Shares Gold Enhanced Yield ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC raised its holdings in shares of Strategy Shares Gold Enhanced Yield ETF by 20.1% during the 2nd quarter. CoreCap Advisors LLC now owns 3,276 shares of the company’s stock valued at $82,000 after buying an additional 548 shares in the last quarter. Intrua Financial LLC grew its position in Strategy Shares Gold Enhanced Yield ETF by 7.6% during the first quarter. Intrua Financial LLC now owns 8,585 shares of the company’s stock valued at $253,000 after acquiring an additional 609 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 6.5% during the first quarter. Cetera Investment Advisers now owns 17,987 shares of the company’s stock worth $530,000 after acquiring an additional 1,091 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 23.8% during the first quarter. Arkadios Wealth Advisors now owns 11,272 shares of the company’s stock worth $332,000 after acquiring an additional 2,168 shares in the last quarter. Finally, Birch Financial Group LLC lifted its holdings in shares of Strategy Shares Gold Enhanced Yield ETF by 22.5% in the 1st quarter. Birch Financial Group LLC now owns 12,027 shares of the company’s stock worth $354,000 after acquiring an additional 2,213 shares during the last quarter.

Strategy Shares Gold Enhanced Yield ETF Price Performance

GOLY stock opened at $24.30 on Wednesday. The firm has a 50 day simple moving average of $26.19 and a two-hundred day simple moving average of $27.52. Strategy Shares Gold Enhanced Yield ETF has a one year low of $23.60 and a one year high of $41.72.

About Strategy Shares Gold Enhanced Yield ETF

The Strategy Shares Gold-Hedged Bond ETF (GOLY) is an exchange-traded fund that is based on the Solactive Gold Backed Bond index. The fund tracks an index that provides broad exposure to USD-denominated investment grade corporate bonds while using near term gold futures to potentially hedge inflation risk. GOLY was launched on May 17, 2021 and is issued by Strategy Shares.