Simplify Enhanced Income ETF (NYSEARCA:HIGH) Short Interest Update

Simplify Enhanced Income ETF (NYSEARCA:HIGH) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 43,378 shares, an increase of 77.4% from the December 15th total of 24,447 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 81,002 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 81,002 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC raised its holdings in Simplify Enhanced Income ETF by 74.0% during the third quarter. Citadel Advisors LLC now owns 39,588 shares of the company’s stock worth $914,000 after purchasing an additional 16,836 shares in the last quarter. CreativeOne Wealth LLC acquired a new position in Simplify Enhanced Income ETF during the 3rd quarter worth approximately $553,000. Blackston Financial Advisory Group LLC raised its stake in shares of Simplify Enhanced Income ETF by 52.3% during the 3rd quarter. Blackston Financial Advisory Group LLC now owns 39,205 shares of the company’s stock worth $905,000 after buying an additional 13,465 shares in the last quarter. Integrated Advisors Network LLC lifted its holdings in shares of Simplify Enhanced Income ETF by 36.8% in the 3rd quarter. Integrated Advisors Network LLC now owns 18,022 shares of the company’s stock valued at $416,000 after buying an additional 4,848 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC boosted its stake in shares of Simplify Enhanced Income ETF by 37.1% in the third quarter. B.O.S.S. Retirement Advisors LLC now owns 49,499 shares of the company’s stock valued at $1,143,000 after buying an additional 13,386 shares in the last quarter.

Simplify Enhanced Income ETF Price Performance

Shares of NYSEARCA HIGH traded down $0.01 during mid-day trading on Friday, hitting $22.26. 30,402 shares of the company were exchanged, compared to its average volume of 50,009. The stock has a 50 day simple moving average of $22.58 and a 200-day simple moving average of $23.09. Simplify Enhanced Income ETF has a 1-year low of $20.98 and a 1-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.