Simplify Enhanced Income ETF (NYSEARCA:HIGH – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 2,996 shares, a decrease of 52.6% from the October 15th total of 6,316 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,279 shares, the short-interest ratio is presently 0.2 days.
Simplify Enhanced Income ETF Trading Down 0.6%
Shares of NYSEARCA:HIGH traded down $0.12 during midday trading on Friday, hitting $20.64. 4,148 shares of the stock were exchanged, compared to its average volume of 36,571. Simplify Enhanced Income ETF has a twelve month low of $20.09 and a twelve month high of $23.10. The company has a 50 day moving average price of $21.10 and a 200-day moving average price of $21.49.
Hedge Funds Weigh In On Simplify Enhanced Income ETF
Several hedge funds have recently added to or reduced their stakes in the business. Legacy Wealth Managment LLC ID increased its holdings in shares of 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 worth $1,334,000 after buying an additional 19,434 shares during the last quarter. WealthPLAN Partners LLC purchased a new position in shares of Simplify Enhanced Income ETF in the 3rd quarter worth $288,000. Mather Group LLC. acquired a new position in Simplify Enhanced Income ETF in the third quarter valued at $249,000. Citadel Advisors LLC acquired a new position in Simplify Enhanced Income ETF in the second quarter valued at $219,000. Finally, Mosley Wealth Management boosted its holdings in Simplify Enhanced Income ETF by 28.3% in the third quarter. Mosley Wealth Management now owns 19,996 shares of the company’s stock valued at $420,000 after acquiring an additional 4,416 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.
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