Simplify Enhanced Income ETF (NYSEARCA:HIGH – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 40,092 shares, an increase of 439.7% from the June 15th total of 7,428 shares. Based on an average daily volume of 21,102 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.2% of the company’s shares are sold short.
Simplify Enhanced Income ETF Trading Up 0.0%
Shares of NYSEARCA:HIGH traded up $0.01 during trading on Friday, reaching $21.65. The stock had a trading volume of 18,936 shares, compared to its average volume of 52,188. Simplify Enhanced Income ETF has a 52 week low of $21.16 and a 52 week high of $24.10. The firm’s fifty day moving average is $21.62 and its 200 day moving average is $21.76.
Institutional Investors Weigh In On Simplify Enhanced Income ETF
Several institutional investors and hedge funds have recently made changes to their positions in the business. Key Capital Management INC purchased a new stake in shares of Simplify Enhanced Income ETF during the fourth quarter worth $2,223,000. Elevated Capital Advisors LLC grew its position in shares of Simplify Enhanced Income ETF by 20.8% in the fourth quarter. Elevated Capital Advisors LLC now owns 420,805 shares of the company’s stock valued at $9,388,000 after purchasing an additional 72,510 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Simplify Enhanced Income ETF by 15.2% during the 4th quarter. Principal Securities Inc. now owns 599,795 shares of the company’s stock valued at $13,381,000 after purchasing an additional 78,956 shares during the period. Howard Bailey Securities LLC purchased a new stake in Simplify Enhanced Income ETF during the 4th quarter worth about $1,792,000. Finally, FSA Advisors Inc. purchased a new stake in Simplify Enhanced Income ETF during the 4th quarter worth about $1,396,000.
Simplify Enhanced Income ETF Company Profile
The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.
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