Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD – Get Free Report) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 2,886 shares, an increase of 197.2% from the July 30th total of 971 shares. Based on an average trading volume of 11,799 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.
Hedge Funds Weigh In On Simplify Gold Strategy PLUS Income ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Quantinno Capital Management LP purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the 1st quarter worth $267,000. Cambridge Advisors Inc. raised its position in Simplify Gold Strategy PLUS Income ETF by 30.2% during the 1st quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock worth $605,000 after buying an additional 3,515 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of Simplify Gold Strategy PLUS Income ETF in the 4th quarter valued at about $433,000. Finally, Jane Street Group LLC acquired a new stake in Simplify Gold Strategy PLUS Income ETF during the fourth quarter valued at $262,000.
Simplify Gold Strategy PLUS Income ETF Stock Down 7.8%
Shares of Simplify Gold Strategy PLUS Income ETF stock traded down $3.06 during trading on Friday, reaching $36.04. 36,848 shares of the company traded hands, compared to its average volume of 22,911. Simplify Gold Strategy PLUS Income ETF has a 1-year low of $30.55 and a 1-year high of $59.22. The company has a 50 day moving average price of $33.58 and a 200-day moving average price of $39.18.
About Simplify Gold Strategy PLUS Income ETF
The Simplify Gold Strategy PLUS Income ETF (YGLD) is an exchange-traded fund that mostly invests in gold commodities. The fund is an actively managed fund that seeks capital appreciation and income. The fund aims to provide 150% gold exposure while holding near-term, index-based put or call spreads. YGLD was launched on Dec 2, 2024 and is issued by Simplify.
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