Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) Short Interest Down 69.7% in June

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,768 shares, a decrease of 69.7% from the June 15th total of 5,840 shares. Based on an average trading volume of 28,559 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Strategy Shares Gold Enhanced Yield ETF Price Performance

Shares of GOLY traded down $0.11 during trading hours on Friday, hitting $25.49. The company had a trading volume of 11,683 shares, compared to its average volume of 68,194. The firm has a fifty day moving average price of $27.20 and a 200-day moving average price of $32.09. Strategy Shares Gold Enhanced Yield ETF has a 52-week low of $24.82 and a 52-week high of $41.72.

Institutional Inflows and Outflows

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