Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Sees Large Decline in Short Interest

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 3,625 shares, a drop of 50.4% from the September 15th total of 7,312 shares. Based on an average daily volume of 6,253 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are short sold.

Simplify Gamma Emerging Market Bond ETF Trading Down 0.1%

NYSEARCA GAEM traded down $0.03 on Wednesday, hitting $25.77. 7,170 shares of the stock were exchanged, compared to its average volume of 10,055. Simplify Gamma Emerging Market Bond ETF has a 52-week low of $25.28 and a 52-week high of $28.25. The company’s 50-day moving average price is $26.47 and its two-hundred day moving average price is $26.64.

Institutional Trading of Simplify Gamma Emerging Market Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of GAEM. B.O.S.S. Retirement Advisors LLC boosted its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 7.2% during the first quarter. B.O.S.S. Retirement Advisors LLC now owns 28,908 shares of the company’s stock worth $748,000 after purchasing an additional 1,943 shares during the period. Networth Advisors LLC grew its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 21.2% during the 1st quarter. Networth Advisors LLC now owns 11,176 shares of the company’s stock valued at $289,000 after acquiring an additional 1,957 shares in the last quarter. Finally, Elevated Capital Advisors LLC grew its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 2.3% during the 1st quarter. Elevated Capital Advisors LLC now owns 93,843 shares of the company’s stock valued at $2,430,000 after acquiring an additional 2,123 shares in the last quarter.

Simplify Gamma Emerging Market Bond ETF Company Profile

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.