Short Interest in Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Declines By 72.4%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 42,908 shares, a drop of 72.4% from the December 31st total of 155,564 shares. Based on an average trading volume of 277,882 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 277,882 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Simplify Aggregate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of AGGH. Sound Income Strategies LLC lifted its stake in shares of Simplify Aggregate Bond ETF by 588.7% in the fourth quarter. Sound Income Strategies LLC now owns 1,832 shares of the company’s stock valued at $38,000 after buying an additional 1,566 shares during the period. NBC Securities Inc. acquired a new stake in Simplify Aggregate Bond ETF in the 4th quarter valued at approximately $42,000. Farther Finance Advisors LLC bought a new position in shares of Simplify Aggregate Bond ETF in the third quarter valued at $50,000. Stance Capital LLC bought a new stake in shares of Simplify Aggregate Bond ETF during the 3rd quarter worth about $66,000. Finally, Guerra Advisors Inc bought a new position in shares of Simplify Aggregate Bond ETF during the third quarter worth approximately $158,000.

Simplify Aggregate Bond ETF Stock Up 0.2%

AGGH stock traded up $0.03 on Friday, hitting $20.71. The company’s stock had a trading volume of 52,523 shares, compared to its average volume of 206,225. The firm has a 50 day moving average of $20.79 and a two-hundred day moving average of $20.73. Simplify Aggregate Bond ETF has a 1 year low of $19.41 and a 1 year high of $21.63.

Simplify Aggregate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 27th will be issued a $0.13 dividend. The ex-dividend date is Tuesday, January 27th. This represents a c) annualized dividend and a yield of 7.5%.

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.