IDX Alternative FIAT ETF (NASDAQ:GLDB) Sees Large Growth in Short Interest

IDX Alternative FIAT ETF (NASDAQ:GLDB – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 82,072 shares, an increase of 2,232.9% from the September 15th total of 3,518 shares. Approximately 4.7% of the shares of the company are short sold. Based on an average daily trading volume, of 21,150 shares, the days-to-cover ratio is currently 3.9 days.

IDX Alternative FIAT ETF Stock Up 1.6%

IDX Alternative FIAT ETF stock traded up $0.34 during midday trading on Friday, hitting $22.17. 66,098 shares of the company were exchanged, compared to its average volume of 19,302. The business has a fifty day simple moving average of $22.79 and a two-hundred day simple moving average of $20.95. IDX Alternative FIAT ETF has a fifty-two week low of $18.67 and a fifty-two week high of $30.73.

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About IDX Alternative FIAT ETF

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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.

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