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

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,768 shares, a decline of 69.7% from the June 15th total of 5,840 shares. Based on an average trading volume of 28,559 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Strategy Shares Gold Enhanced Yield ETF

Several hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its position in Strategy Shares Gold Enhanced Yield ETF by 324.1% in the first quarter. NewEdge Advisors LLC now owns 25,118 shares of the company’s stock worth $740,000 after buying an additional 19,196 shares in the last quarter. Kestra Private Wealth Services LLC grew its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 28.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 28,207 shares of the company’s stock valued at $831,000 after acquiring an additional 6,187 shares during the period. Wetzel Investment Advisors Inc. grew its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 55.2% during the 1st 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 during the period. Private Trust Co. NA purchased a new stake in Strategy Shares Gold Enhanced Yield ETF in the 4th quarter worth approximately $95,000. Finally, International Assets Investment Management LLC increased its holdings in Strategy Shares Gold Enhanced Yield ETF by 22.8% in the 1st quarter. International Assets Investment Management LLC now owns 14,464 shares of the company’s stock worth $441,000 after acquiring an additional 2,683 shares in the last quarter.

Strategy Shares Gold Enhanced Yield ETF Stock Performance

BATS:GOLY opened at $24.70 on Tuesday. Strategy Shares Gold Enhanced Yield ETF has a one year low of $24.68 and a one year high of $41.72. The business has a fifty day moving average price of $27.11 and a 200-day moving average price of $31.98.

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.