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

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 5,750 shares, a drop of 84.3% from the July 30th total of 36,686 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 23,806 shares, the days-to-cover ratio is currently 0.2 days.

Strategy Shares Gold Enhanced Yield ETF Stock Down 0.9%

GOLY opened at $28.05 on Friday. The firm’s 50-day simple moving average is $25.86 and its 200-day simple moving average is $29.52. Strategy Shares Gold Enhanced Yield ETF has a twelve month low of $24.15 and a twelve month high of $41.72.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC raised its position in 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 valued at $740,000 after purchasing an additional 19,196 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in 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 worth $831,000 after buying an additional 6,187 shares in the last quarter. Wetzel Investment Advisors Inc. increased its position in Strategy Shares Gold Enhanced Yield ETF by 55.2% in 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 in the last quarter. International Assets Investment Management LLC lifted its position in shares of 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 purchasing an additional 2,683 shares in the last quarter. Finally, Birch Financial Group LLC grew its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 22.5% during the first quarter. Birch Financial Group LLC now owns 12,027 shares of the company’s stock valued at $354,000 after purchasing an additional 2,213 shares during the last quarter.

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.