Short Interest in Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Declines By 90.5%

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 261 shares, a drop of 90.5% from the February 26th total of 2,740 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 9,641 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 9,641 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Simplify Gamma Emerging Market Bond ETF Stock Down 0.6%

Shares of Simplify Gamma Emerging Market Bond ETF stock traded down $0.17 on Tuesday, reaching $26.02. The company’s stock had a trading volume of 4,226 shares, compared to its average volume of 10,884. Simplify Gamma Emerging Market Bond ETF has a 52 week low of $24.40 and a 52 week high of $27.07. The firm’s fifty day simple moving average is $26.61 and its two-hundred day simple moving average is $26.61.

Simplify Gamma Emerging Market Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a $0.14 dividend. This is a positive change from Simplify Gamma Emerging Market Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 6.5%.

Institutional Trading of Simplify Gamma Emerging Market Bond ETF

A number of institutional investors have recently made changes to their positions in GAEM. Guerra Advisors Inc bought a new position in Simplify Gamma Emerging Market Bond ETF in the 3rd quarter worth $81,000. Lloyd Advisory Services LLC. bought a new stake in Simplify Gamma Emerging Market Bond ETF during the fourth quarter valued at about $122,000. Decker Retirement Planning Inc. purchased a new stake in Simplify Gamma Emerging Market Bond ETF in the third quarter worth about $163,000. Blackston Financial Advisory Group LLC purchased a new stake in Simplify Gamma Emerging Market Bond ETF in the third quarter worth about $223,000. Finally, Networth Advisors LLC bought a new position in shares of Simplify Gamma Emerging Market Bond ETF in the fourth quarter worth about $245,000.

About Simplify Gamma Emerging Market Bond ETF

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.