Simplify Ancorato Target 25 Distribution ETF (NYSEARCA:XXV) Short Interest Up 260.8% in June

Simplify Ancorato Target 25 Distribution ETF (NYSEARCA:XXV) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 16,689 shares, a growth of 260.8% from the May 31st total of 4,625 shares. Based on an average daily trading volume, of 22,820 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in XXV. Legacy Wealth Managment LLC ID boosted its holdings in Simplify Ancorato Target 25 Distribution ETF by 35.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 895,642 shares of the company’s stock worth $20,295,000 after acquiring an additional 233,190 shares in the last quarter. Simplify Asset Management Inc. acquired a new stake in shares of Simplify Ancorato Target 25 Distribution ETF in the fourth quarter worth $3,179,000. Castleview Partners LLC raised its holdings in shares of Simplify Ancorato Target 25 Distribution ETF by 58.8% during the first quarter. Castleview Partners LLC now owns 71,008 shares of the company’s stock worth $1,609,000 after purchasing an additional 26,303 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Simplify Ancorato Target 25 Distribution ETF during the fourth quarter worth $221,000. Finally, Millington Financial Advisors LLC purchased a new position in shares of Simplify Ancorato Target 25 Distribution ETF during the fourth quarter worth $209,000.

Simplify Ancorato Target 25 Distribution ETF Price Performance

Shares of XXV traded up $0.36 during midday trading on Friday, reaching $23.16. 34,882 shares of the stock were exchanged, compared to its average volume of 33,644. Simplify Ancorato Target 25 Distribution ETF has a 52 week low of $22.18 and a 52 week high of $27.56. The company’s 50 day moving average is $23.81 and its two-hundred day moving average is $24.37.