Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sees Large Growth in Short Interest

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 81,429 shares, an increase of 32.9% from the March 31st total of 61,274 shares. Based on an average daily volume of 130,693 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Simplify Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AGGH. IHT Wealth Management LLC bought a new stake in Simplify Aggregate Bond ETF during the 2nd quarter worth $873,000. Thrivent Financial for Lutherans bought a new stake in Simplify Aggregate Bond ETF during the 2nd quarter worth $818,000. Farther Finance Advisors LLC bought a new stake in Simplify Aggregate Bond ETF during the 3rd quarter worth $50,000. Great Diamond Partners LLC grew its position in Simplify Aggregate Bond ETF by 9.6% during the 3rd quarter. Great Diamond Partners LLC now owns 461,077 shares of the company’s stock worth $9,549,000 after acquiring an additional 40,410 shares during the last quarter. Finally, Balance Wealth LLC grew its position in Simplify Aggregate Bond ETF by 2.6% during the 3rd quarter. Balance Wealth LLC now owns 32,403 shares of the company’s stock worth $671,000 after acquiring an additional 811 shares during the last quarter.

Simplify Aggregate Bond ETF Trading Up 0.3%

Shares of AGGH traded up $0.06 during midday trading on Thursday, hitting $20.27. The company’s stock had a trading volume of 107,518 shares, compared to its average volume of 207,571. Simplify Aggregate Bond ETF has a one year low of $19.77 and a one year high of $21.02. The company’s fifty day simple moving average is $20.51 and its two-hundred day simple moving average is $20.71.

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.