IDX Alternative FIAT ETF (NASDAQ:GLDB) Short Interest Up 444.6% in August

IDX Alternative FIAT ETF (NASDAQ:GLDB) was the recipient of a significant growth in short interest in the month of 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 trading volume, of 7,814 shares, the short-interest ratio is presently 1.2 days. Approximately 0.5% of the company’s shares are short sold.

IDX Alternative FIAT ETF Trading Up 0.9%

GLDB stock traded up $0.21 during midday trading on Friday, reaching $22.53. 3,713 shares of the company’s stock traded hands, compared to its average volume of 19,463. IDX Alternative FIAT ETF has a fifty-two week low of $18.67 and a fifty-two week high of $30.73. The business has a 50-day moving average price of $22.06 and a two-hundred day moving average price of $20.82.

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.