Short Interest in Simplify Enhanced Income ETF (NYSEARCA:HIGH) Increases By 77.4%

Simplify Enhanced Income ETF (NYSEARCA:HIGH) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 43,378 shares, an increase of 77.4% from the December 15th total of 24,447 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 81,002 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 81,002 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company’s stock are short sold.

Simplify Enhanced Income ETF Stock Down 0.1%

Shares of HIGH stock traded down $0.02 during trading hours on Thursday, reaching $22.27. The company had a trading volume of 21,922 shares, compared to its average volume of 51,972. Simplify Enhanced Income ETF has a 12 month low of $20.98 and a 12 month high of $25.15. The business has a fifty day simple moving average of $22.61 and a 200-day simple moving average of $23.11.

Institutional Trading of Simplify Enhanced Income ETF

Several institutional investors have recently made changes to their positions in HIGH. AE Wealth Management LLC raised its holdings in shares of Simplify Enhanced Income ETF by 2.1% in the third quarter. AE Wealth Management LLC now owns 845,912 shares of the company’s stock valued at $19,532,000 after purchasing an additional 17,755 shares during the last quarter. WealthPlan Investment Management LLC boosted its holdings in Simplify Enhanced Income ETF by 0.7% during the third quarter. WealthPlan Investment Management LLC now owns 559,666 shares of the company’s stock worth $12,923,000 after purchasing an additional 3,617 shares during the last quarter. Beacon Capital Management LLC grew its position in Simplify Enhanced Income ETF by 15.0% in the 2nd quarter. Beacon Capital Management LLC now owns 543,354 shares of the company’s stock worth $13,165,000 after purchasing an additional 70,707 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Simplify Enhanced Income ETF by 10.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 242,057 shares of the company’s stock worth $5,589,000 after purchasing an additional 22,996 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its stake in Simplify Enhanced Income ETF by 29.4% in the 2nd quarter. Legacy Wealth Managment LLC ID now owns 181,762 shares of the company’s stock valued at $4,404,000 after buying an additional 41,268 shares during the last quarter.

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.