IDX Alternative FIAT ETF (NASDAQ:GLDB) Short Interest Up 444.6% in August

IDX Alternative FIAT ETF (NASDAQ:GLDB) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 9,084 shares, a growth of 444.6% from the August 15th total of 1,668 shares. Based on an average daily volume of 7,814 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.5% of the shares of the company are sold short.

IDX Alternative FIAT ETF Stock Performance

Shares of GLDB traded up $0.59 on Friday, reaching $22.91. 911 shares of the stock traded hands, compared to its average volume of 19,447. IDX Alternative FIAT ETF has a 12 month low of $18.67 and a 12 month high of $30.73. The stock’s 50-day moving average price is $22.00 and its 200-day moving average price is $20.83.

IDX Alternative FIAT ETF Company Profile

The Strategy Shares Gold-Hedged Bond ETF (GLDB) 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. GLDB was launched on May 17, 2021 and is managed by Strategy Shares.