Simplify Enhanced Income ETF (NYSEARCA:HIGH) Short Interest Update

Simplify Enhanced Income ETF (NYSEARCA:HIGH) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 5,397 shares, a growth of 47.6% from the August 31st total of 3,656 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 10,396 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Simplify Enhanced Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in HIGH. Citadel Advisors LLC acquired a new stake in shares of Simplify Enhanced Income ETF during the second quarter worth about $219,000. Legacy Wealth Managment LLC ID raised its stake in Simplify Enhanced Income ETF by 46.0% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 61,667 shares of the company’s stock valued at $1,334,000 after acquiring an additional 19,434 shares during the last quarter. Altiora Financial Group LLC purchased a new stake in Simplify Enhanced Income ETF during the 4th quarter valued at approximately $1,981,000. Principal Securities Inc. lifted its position in Simplify Enhanced Income ETF by 15.2% during the 4th quarter. Principal Securities Inc. now owns 599,795 shares of the company’s stock worth $13,381,000 after acquiring an additional 78,956 shares during the period. Finally, Howard Bailey Securities LLC purchased a new position in shares of Simplify Enhanced Income ETF in the 4th quarter valued at approximately $1,792,000.

Simplify Enhanced Income ETF Stock Up 0.1%

HIGH stock traded up $0.02 on Thursday, hitting $21.17. The company’s stock had a trading volume of 7,810 shares, compared to its average volume of 40,597. The firm has a 50 day moving average of $21.55 and a two-hundred day moving average of $21.55. Simplify Enhanced Income ETF has a 1 year low of $20.96 and a 1 year high of $23.88.

Simplify Enhanced Income ETF Company Profile

The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.