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 increase in short interest during the month of July. As of July 31st, there was short interest totaling 36,686 shares, an increase of 4,226.2% from the July 15th total of 848 shares. Based on an average daily trading volume, of 25,150 shares, the short-interest ratio is currently 1.5 days. Currently, 2.9% of the shares of the company are short sold.

Hedge Funds Weigh In On Strategy Shares Gold Enhanced Yield ETF

A number of institutional investors have recently bought and sold shares of GOLY. NewEdge Advisors LLC grew its holdings in Strategy Shares Gold Enhanced Yield ETF by 324.1% during the first quarter. NewEdge Advisors LLC now owns 25,118 shares of the company’s stock valued at $740,000 after purchasing an additional 19,196 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 28.1% in the first quarter. Kestra Private Wealth Services LLC now owns 28,207 shares of the company’s stock worth $831,000 after buying an additional 6,187 shares during the period. Wetzel Investment Advisors Inc. raised its stake 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 worth $359,000 after buying an additional 4,335 shares during the period. Private Trust Co. NA purchased a new position in shares of Strategy Shares Gold Enhanced Yield ETF during the 4th quarter valued at about $95,000. Finally, International Assets Investment Management LLC lifted its position in shares of Strategy Shares Gold Enhanced Yield ETF by 22.8% during the 1st quarter. International Assets Investment Management LLC now owns 14,464 shares of the company’s stock valued at $441,000 after buying an additional 2,683 shares in the last quarter.

Strategy Shares Gold Enhanced Yield ETF Stock Down 0.1%

GOLY traded down $0.03 during trading on Tuesday, hitting $26.83. The company’s stock had a trading volume of 27,341 shares, compared to its average volume of 61,635. The business’s 50 day simple moving average is $25.69 and its 200-day simple moving average is $30.41. Strategy Shares Gold Enhanced Yield ETF has a one year low of $24.15 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.