Simplify Ancorato Target 25 Distribution ETF (NYSEARCA:XXV) Shares Shorted: Short Interest Up 465.7% in October

Simplify Ancorato Target 25 Distribution ETF (NYSEARCA:XXV) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 18,084 shares, an increase of 465.7% from the September 30th total of 3,197 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 28,240 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Legacy Wealth Managment LLC ID grew its stake in Simplify Ancorato Target 25 Distribution ETF by 35.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 895,642 shares of the company’s stock worth $20,295,000 after purchasing an additional 233,190 shares during the period. Envestnet Asset Management Inc. grew its holdings in Simplify Ancorato Target 25 Distribution ETF by 98.2% in the second quarter. Envestnet Asset Management Inc. now owns 104,778 shares of the company’s stock worth $2,479,000 after purchasing an additional 51,902 shares during the period. Castleview Partners LLC grew its holdings in Simplify Ancorato Target 25 Distribution ETF by 58.8% in the first quarter. Castleview Partners LLC now owns 71,008 shares of the company’s stock worth $1,609,000 after purchasing an additional 26,303 shares during the period. Finally, Encompass More Asset Management purchased a new stake in Simplify Ancorato Target 25 Distribution ETF in the third quarter worth about $285,000.

Simplify Ancorato Target 25 Distribution ETF Price Performance

Shares of Simplify Ancorato Target 25 Distribution ETF stock traded up $0.19 during midday trading on Wednesday, reaching $22.26. 16,313 shares of the company’s stock traded hands, compared to its average volume of 32,336. The stock has a 50 day moving average of $23.18 and a 200-day moving average of $23.73. Simplify Ancorato Target 25 Distribution ETF has a 12 month low of $21.55 and a 12 month high of $27.56.