Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) Sees Significant Increase in Short Interest

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 52,042 shares, an increase of 3,351.1% from the September 15th total of 1,508 shares. Approximately 4.1% of the company’s stock are short sold. Based on an average trading volume of 23,217 shares, the days-to-cover ratio is presently 2.2 days.

Strategy Shares Gold Enhanced Yield ETF Trading Up 1.2%

Shares of BATS GOLY traded up $0.30 during midday trading on Friday, reaching $24.53. The company had a trading volume of 8,570 shares, compared to its average volume of 53,112. The business’s 50-day simple moving average is $26.11 and its 200 day simple moving average is $27.08. Strategy Shares Gold Enhanced Yield ETF has a 1 year low of $23.47 and a 1 year high of $41.72.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. CoreCap Advisors LLC boosted its holdings in Strategy Shares Gold Enhanced Yield ETF by 20.1% during the second quarter. CoreCap Advisors LLC now owns 3,276 shares of the company’s stock worth $82,000 after buying an additional 548 shares in the last quarter. Intrua Financial LLC raised its position in shares of Strategy Shares Gold Enhanced Yield ETF by 7.6% during the 1st quarter. Intrua Financial LLC now owns 8,585 shares of the company’s stock worth $253,000 after purchasing an additional 609 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in Strategy Shares Gold Enhanced Yield ETF by 23.8% in the 1st quarter. Arkadios Wealth Advisors now owns 11,272 shares of the company’s stock valued at $332,000 after buying an additional 2,168 shares in the last quarter. Birch Financial Group LLC increased its stake in Strategy Shares Gold Enhanced Yield ETF by 22.5% during the 1st quarter. Birch Financial Group LLC now owns 12,027 shares of the company’s stock worth $354,000 after buying an additional 2,213 shares in the last quarter. Finally, Wetzel Investment Advisors Inc. lifted its position in shares of Strategy Shares Gold Enhanced Yield ETF by 55.2% in the first quarter. Wetzel Investment Advisors Inc. now owns 12,185 shares of the company’s stock valued at $359,000 after acquiring an additional 4,335 shares in the last quarter.

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.