Simplify Enhanced Income ETF (NYSEARCA:HIGH – Get Free Report) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 2,996 shares, a decline of 52.6% from the October 15th total of 6,316 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 12,279 shares, the short-interest ratio is presently 0.2 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new stake in shares of Simplify Enhanced Income ETF in the second quarter worth $219,000. Mather Group LLC. acquired a new position in shares of Simplify Enhanced Income ETF during the 3rd quarter valued at $249,000. WealthPLAN Partners LLC purchased a new stake in Simplify Enhanced Income ETF during the 3rd quarter worth $288,000. Mosley Wealth Management boosted its position in Simplify Enhanced Income ETF by 28.3% during the 3rd quarter. Mosley Wealth Management now owns 19,996 shares of the company’s stock worth $420,000 after purchasing an additional 4,416 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its position in 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 worth $1,334,000 after purchasing an additional 19,434 shares during the period.
Simplify Enhanced Income ETF Stock Down 0.6%
HIGH traded down $0.12 on Friday, reaching $20.64. 4,148 shares of the company’s stock were exchanged, compared to its average volume of 36,571. The company’s 50 day moving average is $21.10 and its 200-day moving average is $21.49. Simplify Enhanced Income ETF has a twelve month low of $20.09 and a twelve month high of $23.10.
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.
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