Simplify Enhanced Income ETF (NYSEARCA:HIGH) Shares Shorted: Short Interest Down 44.5% in September

Simplify Enhanced Income ETF (NYSEARCA:HIGH) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,996 shares, a decline of 44.5% from the September 15th total of 5,397 shares. Based on an average daily volume of 20,733 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Simplify Enhanced Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. WealthPLAN Partners LLC bought a new stake in Simplify Enhanced Income ETF during the 3rd quarter valued at approximately $288,000. Mather Group LLC. purchased a new stake in Simplify Enhanced Income ETF in the 3rd quarter worth $249,000. Citadel Advisors LLC bought a new position in shares of Simplify Enhanced Income ETF during the 2nd quarter valued at about $219,000. Finally, Legacy Wealth Managment LLC ID boosted its holdings in shares of Simplify Enhanced Income ETF by 46.0% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 61,667 shares of the company’s stock valued at $1,334,000 after purchasing an additional 19,434 shares during the last quarter.

Simplify Enhanced Income ETF Price Performance

Shares of NYSEARCA HIGH traded up $0.08 during midday trading on Thursday, hitting $20.98. 14,107 shares of the stock traded hands, compared to its average volume of 39,310. The firm has a 50-day moving average of $21.48 and a two-hundred day moving average of $21.53. Simplify Enhanced Income ETF has a one year low of $20.72 and a one year high of $23.88.

Simplify Enhanced Income ETF Company Profile

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.