Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD – Get Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 4,473 shares, a drop of 68.1% from the May 31st total of 14,037 shares. Based on an average daily trading volume, of 14,867 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are sold short.
Hedge Funds Weigh In On Simplify Gold Strategy PLUS Income ETF
Several large investors have recently modified their holdings of the stock. Reyes Financial Architecture Inc. bought a new position in Simplify Gold Strategy PLUS Income ETF in the 4th quarter worth about $907,000. Cambridge Advisors Inc. increased its stake 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 valued at $605,000 after purchasing an additional 3,515 shares in the last quarter. OLD Mission Capital LLC purchased a new position in Simplify Gold Strategy PLUS Income ETF in the fourth quarter worth about $433,000. Quantinno Capital Management LP purchased a new position in Simplify Gold Strategy PLUS Income ETF in the first quarter worth about $267,000. Finally, Jane Street Group LLC bought a new position in shares of Simplify Gold Strategy PLUS Income ETF in the fourth quarter worth approximately $262,000.
Simplify Gold Strategy PLUS Income ETF Stock Up 2.0%
NYSEARCA:YGLD traded up $0.63 during trading hours on Friday, reaching $32.11. 27,715 shares of the company traded hands, compared to its average volume of 26,485. The business’s 50-day moving average price is $37.50 and its two-hundred day moving average price is $43.03. Simplify Gold Strategy PLUS Income ETF has a 1 year low of $31.13 and a 1 year high of $59.22.
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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