Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Short Interest Update

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 6,278 shares, an increase of 104.9% from the May 14th total of 3,064 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 5,002 shares, the short-interest ratio is presently 1.3 days.

Simplify Gamma Emerging Market Bond ETF Stock Performance

Shares of GAEM traded up $0.09 during mid-day trading on Monday, reaching $27.09. 2,340 shares of the company’s stock were exchanged, compared to its average volume of 10,951. The business’s fifty day simple moving average is $26.69 and its 200-day simple moving average is $26.62. Simplify Gamma Emerging Market Bond ETF has a 52-week low of $25.45 and a 52-week high of $27.12.

Institutional Investors Weigh In On Simplify Gamma Emerging Market Bond ETF

Several hedge funds have recently modified their holdings of GAEM. Beacon Capital Management LLC acquired a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the third quarter worth $3,313,000. Blackston Financial Advisory Group LLC acquired a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the third quarter worth $223,000. Networth Advisors LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the fourth quarter valued at $245,000. Key Capital Management INC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the fourth quarter valued at $1,131,000. Finally, AE Wealth Management LLC lifted its holdings in Simplify Gamma Emerging Market Bond ETF by 15.4% in the fourth quarter. AE Wealth Management LLC now owns 218,261 shares of the company’s stock valued at $5,812,000 after acquiring an additional 29,174 shares during the period.

About Simplify Gamma Emerging Market Bond ETF

The Simplify Gamma Emerging Market Bond ETF (GAEM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking income and capital appreciation through investments in emerging markets debts. Fixed-income securities are not restricted in terms of maturity or credit rating. GAEM was launched on Aug 12, 2024 and is issued by Simplify.