Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sees Significant Increase in Short Interest

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 93,425 shares, an increase of 117.7% from the January 15th total of 42,908 shares. Based on an average daily volume of 137,978 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 137,978 shares, the days-to-cover ratio is currently 0.7 days.

Simplify Aggregate Bond ETF Price Performance

NYSEARCA:AGGH traded up $0.03 during mid-day trading on Thursday, reaching $20.86. 157,601 shares of the stock were exchanged, compared to its average volume of 217,624. Simplify Aggregate Bond ETF has a 1-year low of $19.41 and a 1-year high of $21.63. The business has a fifty day moving average price of $20.78 and a 200 day moving average price of $20.76.

Simplify Aggregate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were issued a dividend of $0.13 per share. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date was Tuesday, January 27th.

Institutional Investors Weigh In On Simplify Aggregate Bond ETF

Several hedge funds have recently modified their holdings of AGGH. Osaic Holdings Inc. increased its stake in Simplify Aggregate Bond ETF by 361.6% in the 2nd quarter. Osaic Holdings Inc. now owns 1,255,700 shares of the company’s stock worth $25,919,000 after purchasing an additional 983,674 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of Simplify Aggregate Bond ETF by 57.0% during the fourth quarter. AE Wealth Management LLC now owns 767,382 shares of the company’s stock valued at $15,885,000 after buying an additional 278,738 shares in the last quarter. Great Diamond Partners LLC lifted its stake in Simplify Aggregate Bond ETF by 4.2% in the 4th quarter. Great Diamond Partners LLC now owns 480,607 shares of the company’s stock worth $9,949,000 after acquiring an additional 19,530 shares in the last quarter. LPL Financial LLC boosted its position in Simplify Aggregate Bond ETF by 29.8% during the 4th quarter. LPL Financial LLC now owns 407,470 shares of the company’s stock worth $8,435,000 after acquiring an additional 93,480 shares during the period. Finally, Park Edge Advisors LLC boosted its position in Simplify Aggregate Bond ETF by 0.4% during the 4th quarter. Park Edge Advisors LLC now owns 364,262 shares of the company’s stock worth $7,540,000 after acquiring an additional 1,616 shares during the period.

About Simplify Aggregate Bond ETF

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.