Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Sees Large Decline in Short Interest

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,465 shares, a decrease of 44.9% from the June 15th total of 4,473 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 16,074 shares, the days-to-cover ratio is presently 0.2 days.

Simplify Gold Strategy PLUS Income ETF Price Performance

Shares of NYSEARCA:YGLD traded up $0.44 during midday trading on Friday, hitting $31.28. The stock had a trading volume of 10,314 shares, compared to its average volume of 24,992. Simplify Gold Strategy PLUS Income ETF has a 12 month low of $30.55 and a 12 month high of $59.22. The business’s 50-day simple moving average is $35.15 and its 200-day simple moving average is $41.82.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new stake in shares of Simplify Gold Strategy PLUS Income ETF in the 4th quarter valued at about $907,000. Cambridge Advisors Inc. grew its holdings in Simplify Gold Strategy PLUS Income ETF by 23.5% during the fourth quarter. Cambridge Advisors Inc. now owns 11,640 shares of the company’s stock worth $485,000 after purchasing an additional 2,216 shares during the period. OLD Mission Capital LLC bought a new position in Simplify Gold Strategy PLUS Income ETF during the fourth quarter worth about $433,000. Jane Street Group LLC acquired a new position in Simplify Gold Strategy PLUS Income ETF during the fourth quarter worth approximately $262,000. Finally, Quantinno Capital Management LP acquired a new position in Simplify Gold Strategy PLUS Income ETF during the first quarter worth approximately $267,000.

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.