Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Shares Shorted: Short Interest Up 74.0% in September

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 20,969 shares, a growth of 74.0% from the September 15th total of 12,048 shares. Approximately 1.9% of the company’s stock are short sold. Based on an average daily trading volume, of 9,217 shares, the days-to-cover ratio is presently 2.3 days.

Simplify Gold Strategy PLUS Income ETF Stock Performance

Shares of YGLD traded down $0.17 on Friday, reaching $30.40. 6,137 shares of the company’s stock traded hands, compared to its average volume of 20,938. The stock’s 50 day simple moving average is $33.98 and its two-hundred day simple moving average is $35.42. Simplify Gold Strategy PLUS Income ETF has a 52-week low of $29.31 and a 52-week high of $59.22.

Institutional Trading of Simplify Gold Strategy PLUS Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of YGLD. Mather Group LLC. bought a new position in Simplify Gold Strategy PLUS Income ETF in the 3rd quarter worth $63,000. Cambridge Advisors Inc. grew its stake in Simplify Gold Strategy PLUS Income ETF by 30.2% in the first quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock worth $605,000 after purchasing an additional 3,515 shares during the period. Quantinno Capital Management LP purchased a new stake in Simplify Gold Strategy PLUS Income ETF in the first quarter worth $267,000. Finally, RFG Advisory LLC purchased a new stake in Simplify Gold Strategy PLUS Income ETF in the second quarter worth $1,019,000.

Simplify Gold Strategy PLUS Income ETF Company Profile

The Simplify Gold Strategy PLUS Income ETF (YGLD) is an exchange-traded fund that mostly invests in gold commodities. The fund is an actively managed fund that seeks capital appreciation and income. The fund aims to provide 150% gold exposure while holding near-term, index-based put or call spreads. YGLD was launched on Dec 2, 2024 and is issued by Simplify.