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

Strategy Shares Gold Enhanced Yield ETF (BATS:GOLY) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 2,214 shares, a decline of 44.4% from the April 30th total of 3,980 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 60,061 shares, the short-interest ratio is currently 0.0 days.

Strategy Shares Gold Enhanced Yield ETF Trading Up 0.2%

Shares of GOLY opened at $28.11 on Wednesday. The stock has a fifty day moving average of $29.34 and a two-hundred day moving average of $33.76. Strategy Shares Gold Enhanced Yield ETF has a fifty-two week low of $27.19 and a fifty-two week high of $41.72.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GOLY. 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 valued at $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 valued at $359,000 after acquiring an additional 4,335 shares during the last quarter. Private Trust Co. NA acquired a new position in Strategy Shares Gold Enhanced Yield ETF in the 4th quarter valued at $95,000. International Assets Investment Management LLC raised its holdings 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 during the last quarter. Finally, Birch Financial Group LLC raised its holdings in Strategy Shares Gold Enhanced Yield ETF by 22.5% in the 1st quarter. Birch Financial Group LLC now owns 12,027 shares of the company’s stock valued at $354,000 after acquiring an additional 2,213 shares during the last quarter.

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.