Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Sees Large Increase in Short Interest

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 2,886 shares, a growth of 197.2% from the July 30th total of 971 shares. Based on an average trading volume of 11,799 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Simplify Gold Strategy PLUS Income ETF

Several large investors have recently added to or reduced their stakes in YGLD. Cambridge Advisors Inc. lifted its holdings in shares of Simplify Gold Strategy PLUS Income ETF by 30.2% in the 1st quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock worth $605,000 after acquiring an additional 3,515 shares during the last quarter. OLD Mission Capital LLC purchased a new position in Simplify Gold Strategy PLUS Income ETF during the 4th quarter valued at about $433,000. Quantinno Capital Management LP bought a new position in Simplify Gold Strategy PLUS Income ETF in the first quarter worth approximately $267,000. Finally, Jane Street Group LLC bought a new position in shares of Simplify Gold Strategy PLUS Income ETF in the 4th quarter worth $262,000.

Simplify Gold Strategy PLUS Income ETF Stock Performance

Shares of YGLD traded up $0.33 during mid-day trading on Thursday, reaching $38.93. The stock had a trading volume of 15,786 shares, compared to its average volume of 22,816. The business has a fifty day moving average of $33.48 and a 200 day moving average of $39.25. Simplify Gold Strategy PLUS Income ETF has a 12 month low of $30.55 and a 12 month high of $59.22.

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.