Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Sees Significant Growth in Short Interest

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLDGet Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,886 shares, a growth of 197.2% from the July 30th total of 971 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 11,799 shares, the short-interest ratio is currently 0.2 days.

Simplify Gold Strategy PLUS Income ETF Price Performance

Shares of NYSEARCA YGLD traded up $0.33 during midday trading on Thursday, reaching $38.93. The company’s stock had a trading volume of 15,786 shares, compared to its average volume of 22,816. Simplify Gold Strategy PLUS Income ETF has a 12-month low of $30.55 and a 12-month high of $59.22. The firm has a 50 day moving average price of $33.48 and a 200-day moving average price of $39.25.

Hedge Funds Weigh In On Simplify Gold Strategy PLUS Income ETF

Institutional investors have recently modified their holdings of the company. OLD Mission Capital LLC purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the fourth quarter valued at about $433,000. Jane Street Group LLC purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the 4th quarter worth about $262,000. Quantinno Capital Management LP bought a new position in shares of Simplify Gold Strategy PLUS Income ETF in the first quarter worth approximately $267,000. Finally, Cambridge Advisors Inc. raised its holdings in Simplify Gold Strategy PLUS Income ETF by 30.2% in the 1st quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock worth $605,000 after acquiring an additional 3,515 shares during the last quarter.

Simplify Gold Strategy PLUS Income ETF Company Profile

(Get Free Report)

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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