Simplify Enhanced Income ETF (NYSEARCA:HIGH – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,996 shares, a drop of 44.5% from the September 15th total of 5,397 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 20,733 shares, the days-to-cover ratio is currently 0.1 days.
Simplify Enhanced Income ETF Price Performance
Shares of NYSEARCA:HIGH traded up $0.08 during trading on Thursday, reaching $20.98. The company had a trading volume of 14,107 shares, compared to its average volume of 39,310. The company has a fifty day moving average of $21.48 and a two-hundred day moving average of $21.53. Simplify Enhanced Income ETF has a 12 month low of $20.72 and a 12 month high of $23.88.
Hedge Funds Weigh In On Simplify Enhanced Income ETF
Large investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC bought a new stake in shares of Simplify Enhanced Income ETF in the 2nd quarter valued at about $219,000. Mather Group LLC. bought a new position in shares of Simplify Enhanced Income ETF in the 3rd quarter worth approximately $249,000. WealthPLAN Partners LLC purchased a new position in Simplify Enhanced Income ETF during the third quarter valued at $288,000. Finally, Legacy Wealth Managment LLC ID grew its holdings in Simplify Enhanced Income ETF by 46.0% in the second quarter. Legacy Wealth Managment LLC ID now owns 61,667 shares of the company’s stock worth $1,334,000 after purchasing an additional 19,434 shares during the period.
About Simplify Enhanced Income ETF
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.
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