Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Stock Short Interest Jumps 81.2%

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 12,048 shares, a growth of 81.2% from the August 31st total of 6,648 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 13,345 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On Simplify Gold Strategy PLUS Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of YGLD. RFG Advisory LLC acquired a new position in Simplify Gold Strategy PLUS Income ETF in the 2nd quarter valued at about $1,019,000. Quantinno Capital Management LP acquired a new stake in shares of Simplify Gold Strategy PLUS Income ETF during the 1st quarter worth approximately $267,000. Finally, Cambridge Advisors Inc. raised its position in shares of Simplify Gold Strategy PLUS Income ETF by 30.2% during the 1st quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock valued at $605,000 after buying an additional 3,515 shares during the period.

Simplify Gold Strategy PLUS Income ETF Stock Up 1.6%

Shares of YGLD traded up $0.47 during midday trading on Tuesday, reaching $30.70. The company had a trading volume of 9,070 shares, compared to its average volume of 21,666. Simplify Gold Strategy PLUS Income ETF has a 1-year low of $30.10 and a 1-year high of $59.22. The firm has a 50 day simple moving average of $34.37 and a 200-day simple moving average of $36.61.

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.