Short Interest in Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) Declines By 52.0%

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 848 shares, a drop of 52.0% from the June 30th total of 1,768 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 18,034 shares, the days-to-cover ratio is presently 0.0 days.

Strategy Shares Gold Enhanced Yield ETF Stock Performance

BATS GOLY opened at $24.63 on Thursday. Strategy Shares Gold Enhanced Yield ETF has a 52 week low of $24.15 and a 52 week high of $41.72. The company has a 50-day moving average price of $26.07 and a two-hundred day moving average price of $31.03.

Hedge Funds Weigh In On Strategy Shares Gold Enhanced Yield ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. CoreCap Advisors LLC raised its stake in Strategy Shares Gold Enhanced Yield ETF by 20.1% during the 2nd quarter. CoreCap Advisors LLC now owns 3,276 shares of the company’s stock valued at $82,000 after acquiring an additional 548 shares in the last quarter. Private Trust Co. NA acquired a new position in Strategy Shares Gold Enhanced Yield ETF during the 4th quarter worth $95,000. Intrua Financial LLC grew 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 in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of Strategy Shares Gold Enhanced Yield ETF by 9.7% during the fourth quarter. Arkadios Wealth Advisors now owns 9,104 shares of the company’s stock valued at $318,000 after purchasing an additional 807 shares during the period. Finally, Birch Financial Group LLC increased 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 valued at $354,000 after purchasing an additional 2,213 shares during the period.

Strategy Shares Gold Enhanced Yield ETF Company Profile

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.