Kurv Gold Enhanced Income ETF (BATS:KGLD) Sees Large Drop in Short Interest

Kurv Gold Enhanced Income ETF (BATS:KGLD) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 63,221 shares, a decline of 53.0% from the August 31st total of 134,424 shares. Based on an average daily volume of 175,950 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Kurv Gold Enhanced Income ETF

A hedge fund recently raised its position in Kurv Gold Enhanced Income ETF stock. Wealthcare Advisory Partners LLC increased its stake in shares of Kurv Gold Enhanced Income ETF (BATS:KGLD) by 9.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,071 shares of the company’s stock after acquiring an additional 3,177 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Kurv Gold Enhanced Income ETF were worth $975,000 as of its most recent SEC filing.

Kurv Gold Enhanced Income ETF Stock Performance

Shares of KGLD stock opened at $25.86 on Wednesday. The company’s 50 day moving average price is $27.45 and its two-hundred day moving average price is $29.07. Kurv Gold Enhanced Income ETF has a 52 week low of $25.44 and a 52 week high of $43.44.