Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) Shares Shorted: Short Interest Up 3,351.1% in September

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 52,042 shares, an increase of 3,351.1% from the September 15th total of 1,508 shares. Approximately 4.1% of the company’s shares are sold short. Based on an average daily trading volume, of 23,217 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On Strategy Shares Gold Enhanced Yield ETF

Hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its position in Strategy Shares Gold Enhanced Yield ETF by 324.1% during the 1st quarter. NewEdge Advisors LLC now owns 25,118 shares of the company’s stock valued at $740,000 after acquiring an additional 19,196 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of 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 valued at $831,000 after buying an additional 6,187 shares in the last quarter. Wetzel Investment Advisors Inc. grew its position in shares of 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 buying an additional 4,335 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Strategy Shares Gold Enhanced Yield ETF by 22.8% during the 1st quarter. International Assets Investment Management LLC now owns 14,464 shares of the company’s stock worth $441,000 after acquiring an additional 2,683 shares in the last quarter. Finally, Citadel Advisors LLC lifted its position in Strategy Shares Gold Enhanced Yield ETF by 13.9% during the second quarter. Citadel Advisors LLC now owns 19,777 shares of the company’s stock valued at $497,000 after acquiring an additional 2,410 shares during the last quarter.

Strategy Shares Gold Enhanced Yield ETF Stock Performance

BATS:GOLY traded up $0.30 during mid-day trading on Friday, hitting $24.53. 8,570 shares of the stock traded hands, compared to its average volume of 53,112. Strategy Shares Gold Enhanced Yield ETF has a 52 week low of $23.47 and a 52 week high of $41.72. The firm’s 50 day moving average is $26.11 and its two-hundred day moving average is $27.08.

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.