Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) Sees Large Growth in Short Interest

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,840 shares, an increase of 86.8% from the May 31st total of 3,127 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 42,945 shares, the short-interest ratio is presently 0.1 days.

Strategy Shares Gold Enhanced Yield ETF Stock Performance

Shares of Strategy Shares Gold Enhanced Yield ETF stock opened at $25.15 on Wednesday. The firm’s 50 day simple moving average is $27.83 and its two-hundred day simple moving average is $32.61. Strategy Shares Gold Enhanced Yield ETF has a 12-month low of $24.82 and a 12-month high of $41.72.

Hedge Funds Weigh In On Strategy Shares Gold Enhanced Yield ETF

Hedge funds have recently made changes to their positions in the company. Private Trust Co. NA purchased a new stake in Strategy Shares Gold Enhanced Yield ETF during the 4th quarter valued at about $95,000. Intrua Financial LLC raised its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 7.6% in the first quarter. Intrua Financial LLC now owns 8,585 shares of the company’s stock worth $253,000 after purchasing an additional 609 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 9.7% in the fourth quarter. Arkadios Wealth Advisors now owns 9,104 shares of the company’s stock worth $318,000 after purchasing an additional 807 shares during the last quarter. Birch Financial Group LLC lifted its holdings 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 worth $354,000 after purchasing an additional 2,213 shares during the period. Finally, Wetzel Investment Advisors Inc. boosted its position in 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 valued at $359,000 after buying an additional 4,335 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.