IDX Alternative FIAT ETF (NASDAQ:GLDB) Sees Large Growth in Short Interest

IDX Alternative FIAT ETF (NASDAQ:GLDB) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 82,072 shares, an increase of 2,232.9% from the September 15th total of 3,518 shares. Based on an average daily trading volume, of 21,150 shares, the short-interest ratio is currently 3.9 days. Currently, 4.7% of the shares of the stock are sold short.

IDX Alternative FIAT ETF Stock Performance

Shares of NASDAQ GLDB traded up $0.34 during midday trading on Friday, hitting $22.17. The stock had a trading volume of 66,098 shares, compared to its average volume of 19,302. The stock has a 50 day simple moving average of $22.79 and a 200-day simple moving average of $20.95. IDX Alternative FIAT ETF has a 1 year low of $18.67 and a 1 year high of $30.73.

IDX Alternative FIAT ETF Company Profile

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.