Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Sees Significant Increase in Short Interest

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 3,318 shares, an increase of 489.3% from the April 15th total of 563 shares. Based on an average trading volume of 4,606 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Simplify Gamma Emerging Market Bond ETF

Large investors have recently modified their holdings of the stock. AE Wealth Management LLC lifted its holdings in Simplify Gamma Emerging Market Bond ETF by 15.4% during the 4th quarter. AE Wealth Management LLC now owns 218,261 shares of the company’s stock worth $5,812,000 after buying an additional 29,174 shares during the last quarter. Key Capital Management INC bought a new stake in Simplify Gamma Emerging Market Bond ETF during the fourth quarter valued at $1,131,000. Beacon Capital Management LLC bought a new stake in Simplify Gamma Emerging Market Bond ETF during the third quarter valued at $3,313,000. FSA Advisors Inc. bought a new position in shares of Simplify Gamma Emerging Market Bond ETF in the 4th quarter worth about $676,000. Finally, Authentikos Wealth Advisory LLC bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the 3rd quarter valued at about $507,000.

Simplify Gamma Emerging Market Bond ETF Stock Performance

Shares of Simplify Gamma Emerging Market Bond ETF stock traded down $0.05 on Tuesday, hitting $26.77. 3,274 shares of the company’s stock traded hands, compared to its average volume of 11,878. Simplify Gamma Emerging Market Bond ETF has a 52-week low of $25.31 and a 52-week high of $27.12. The firm’s 50-day moving average is $26.48 and its 200 day moving average is $26.60.

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.