Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Short Interest Up 2,340.2% in March

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 6,369 shares, an increase of 2,340.2% from the March 15th total of 261 shares. Based on an average daily trading volume, of 5,709 shares, the short-interest ratio is currently 1.1 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Trading of Simplify Gamma Emerging Market Bond ETF

A number of hedge funds have recently modified their holdings of GAEM. Decker Retirement Planning Inc. bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the 3rd quarter valued at $163,000. AE Wealth Management LLC bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the 3rd quarter valued at $4,985,000. Guerra Advisors Inc bought a new position in Simplify Gamma Emerging Market Bond ETF in the 3rd quarter worth about $81,000. Authentikos Wealth Advisory LLC bought a new position in Simplify Gamma Emerging Market Bond ETF in the 3rd quarter worth about $507,000. Finally, B.O.S.S. Retirement Advisors LLC bought a new position in Simplify Gamma Emerging Market Bond ETF in the 3rd quarter worth about $281,000.

Simplify Gamma Emerging Market Bond ETF Stock Performance

Shares of GAEM stock opened at $26.58 on Friday. Simplify Gamma Emerging Market Bond ETF has a 12 month low of $24.44 and a 12 month high of $27.07. The company’s fifty day moving average price is $26.42 and its 200-day moving average price is $26.54.

Simplify Gamma Emerging Market Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.14 per share. This is a boost from Simplify Gamma Emerging Market Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

About Simplify Gamma Emerging Market Bond ETF

The Simplify Gamma Emerging Market Bond ETF (GAEM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking income and capital appreciation through investments in emerging markets debts. Fixed-income securities are not restricted in terms of maturity or credit rating. GAEM was launched on Aug 12, 2024 and is issued by Simplify.