Simplify Enhanced Income ETF (NYSEARCA:HIGH) Short Interest Down 34.1% in December

Simplify Enhanced Income ETF (NYSEARCA:HIGH) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 24,447 shares, a decrease of 34.1% from the November 30th total of 37,080 shares. Based on an average daily volume of 53,488 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 53,488 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Simplify Enhanced Income ETF

Several large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Simplify Enhanced Income ETF in the 2nd quarter worth approximately $47,000. Whipplewood Advisors LLC raised its stake in shares of Simplify Enhanced Income ETF by 31.7% in the second quarter. Whipplewood Advisors LLC now owns 6,535 shares of the company’s stock valued at $158,000 after purchasing an additional 1,574 shares in the last quarter. Transce3nd LLC lifted its position in Simplify Enhanced Income ETF by 6.4% in the second quarter. Transce3nd LLC now owns 7,290 shares of the company’s stock worth $177,000 after purchasing an additional 440 shares during the period. Foundations Investment Advisors LLC acquired a new stake in Simplify Enhanced Income ETF during the third quarter worth $207,000. Finally, IFP Advisors Inc boosted its stake in Simplify Enhanced Income ETF by 5.5% during the second quarter. IFP Advisors Inc now owns 11,607 shares of the company’s stock worth $281,000 after buying an additional 609 shares in the last quarter.

Simplify Enhanced Income ETF Stock Performance

Shares of NYSEARCA:HIGH traded down $0.02 on Tuesday, hitting $22.43. 113,963 shares of the company were exchanged, compared to its average volume of 102,403. The company’s 50 day moving average price is $22.80 and its two-hundred day moving average price is $23.21. Simplify Enhanced Income ETF has a one year low of $20.98 and a one year high of $25.15.

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.