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

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,900 shares, a decline of 49.6% from the August 15th total of 5,750 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 24,482 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GOLY. NewEdge Advisors LLC raised its holdings in shares of Strategy Shares Gold Enhanced Yield ETF by 324.1% in the 1st 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 boosted its stake in Strategy Shares Gold Enhanced Yield ETF by 28.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 28,207 shares of the company’s stock valued at $831,000 after buying an additional 6,187 shares in the last quarter. Wetzel Investment Advisors Inc. grew its position in 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 during the period. International Assets Investment Management LLC raised its stake in Strategy Shares Gold Enhanced Yield ETF by 22.8% during the first 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. Finally, Citadel Advisors LLC raised its stake in Strategy Shares Gold Enhanced Yield ETF by 13.9% during the second quarter. Citadel Advisors LLC now owns 19,777 shares of the company’s stock worth $497,000 after acquiring an additional 2,410 shares in the last quarter.

Strategy Shares Gold Enhanced Yield ETF Stock Performance

Shares of GOLY stock opened at $25.46 on Wednesday. The firm has a fifty day moving average of $26.10 and a 200-day moving average of $28.39. Strategy Shares Gold Enhanced Yield ETF has a 52-week low of $24.15 and a 52-week high of $41.72.

Strategy Shares Gold Enhanced Yield ETF Company Profile

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.