IDX Alternative FIAT ETF (NASDAQ:GLDB) Short Interest Update

IDX Alternative FIAT ETF (NASDAQ:GLDB) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 9,084 shares, a growth of 444.6% from the August 15th total of 1,668 shares. Based on an average daily volume of 7,814 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.5% of the shares of the stock are sold short.

IDX Alternative FIAT ETF Stock Up 0.9%

GLDB traded up $0.21 on Friday, hitting $22.53. 3,713 shares of the company’s stock traded hands, compared to its average volume of 19,463. The company’s 50 day simple moving average is $22.06 and its 200-day simple moving average is $20.82. IDX Alternative FIAT ETF has a one year low of $18.67 and a one year high of $30.73.

About IDX Alternative FIAT ETF

The Strategy Shares Gold-Hedged Bond ETF (GLDB) 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. GLDB was launched on May 17, 2021 and is managed by Strategy Shares.