Short Interest in Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Drops By 19.7%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 61,274 shares, a decrease of 19.7% from the March 15th total of 76,318 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 297,230 shares, the short-interest ratio is currently 0.2 days.

Simplify Aggregate Bond ETF Stock Up 0.4%

AGGH stock opened at $20.58 on Friday. The firm’s fifty day simple moving average is $20.60 and its 200-day simple moving average is $20.73. Simplify Aggregate Bond ETF has a 12 month low of $19.77 and a 12 month high of $21.02.

Simplify Aggregate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were issued a $0.12 dividend. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend was Tuesday, February 24th.

Institutional Trading of Simplify Aggregate Bond ETF

Large investors have recently made changes to their positions in the business. Strive Financial Group LLC acquired a new position in shares of Simplify Aggregate Bond ETF in the 4th quarter valued at $30,000. Sound Income Strategies LLC lifted its stake in shares of Simplify Aggregate Bond ETF by 588.7% in the 4th quarter. Sound Income Strategies LLC now owns 1,832 shares of the company’s stock valued at $38,000 after purchasing an additional 1,566 shares during the period. NBC Securities Inc. acquired a new position in shares of Simplify Aggregate Bond ETF in the 4th quarter valued at $42,000. Farther Finance Advisors LLC acquired a new position in shares of Simplify Aggregate Bond ETF in the 3rd quarter valued at $50,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Simplify Aggregate Bond ETF in the 4th quarter valued at $53,000.

Simplify Aggregate Bond ETF Company Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.