IDX Alternative FIAT ETF (NASDAQ:GLDB) Sees Significant Decline in Short Interest

IDX Alternative FIAT ETF (NASDAQ:GLDB) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 3,518 shares, a decline of 61.3% from the August 31st total of 9,084 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 7,530 shares, the days-to-cover ratio is currently 0.5 days.

IDX Alternative FIAT ETF Price Performance

NASDAQ:GLDB traded up $0.22 on Tuesday, hitting $22.48. The company’s stock had a trading volume of 3,733 shares, compared to its average volume of 19,573. The stock has a fifty day moving average of $22.56 and a two-hundred day moving average of $20.87. IDX Alternative FIAT ETF has a one year low of $18.67 and a one year high of $30.73.

About IDX Alternative FIAT ETF

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.