Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 12,048 shares, a growth of 81.2% from the August 31st total of 6,648 shares. Based on an average daily volume of 13,345 shares, the short-interest ratio is presently 0.9 days. Currently, 1.1% of the company’s stock are sold short.
Simplify Gold Strategy PLUS Income ETF Stock Up 0.4%
NYSEARCA YGLD traded up $0.14 during midday trading on Thursday, hitting $30.73. 1,803 shares of the company traded hands, compared to its average volume of 21,478. Simplify Gold Strategy PLUS Income ETF has a 52 week low of $30.10 and a 52 week high of $59.22. The company’s 50-day simple moving average is $34.30 and its 200-day simple moving average is $36.34.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in YGLD. Quantinno Capital Management LP purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the 1st quarter valued at approximately $267,000. Cambridge Advisors Inc. grew 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 purchasing an additional 3,515 shares during the period. Finally, RFG Advisory LLC purchased a new position in Simplify Gold Strategy PLUS Income ETF during the second quarter valued at approximately $1,019,000.
Simplify Gold Strategy PLUS Income ETF Company Profile
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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