Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD – Get Free Report) was the target of a large growth in short interest in 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 trading volume of 13,345 shares, the short-interest ratio is currently 0.9 days.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. RFG Advisory LLC acquired a new stake in shares of Simplify Gold Strategy PLUS Income ETF in the second quarter valued at $1,019,000. Cambridge Advisors Inc. boosted its holdings in 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 acquiring an additional 3,515 shares during the period. Finally, Quantinno Capital Management LP purchased a new position in Simplify Gold Strategy PLUS Income ETF during the 1st quarter valued at about $267,000.
Simplify Gold Strategy PLUS Income ETF Stock Performance
Shares of NYSEARCA:YGLD traded up $0.47 during mid-day trading on Tuesday, reaching $30.70. 9,070 shares of the company were exchanged, compared to its average volume of 21,666. The firm’s 50-day simple moving average is $34.37 and its 200 day simple moving average is $36.61. Simplify Gold Strategy PLUS Income ETF has a 1 year low of $30.10 and a 1 year 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.
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