Short Interest in Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Rises By 85.7%

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,203 shares, an increase of 85.7% from the August 15th total of 2,263 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 13,816 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Simplify Gamma Emerging Market Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC lifted its stake in shares of Simplify Gamma Emerging Market Bond ETF by 2.3% in the 1st quarter. Elevated Capital Advisors LLC now owns 93,843 shares of the company’s stock valued at $2,430,000 after purchasing an additional 2,123 shares during the last quarter. B.O.S.S. Retirement Advisors LLC boosted its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 7.2% in the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 28,908 shares of the company’s stock worth $748,000 after purchasing an additional 1,943 shares during the period. Networth Advisors LLC increased its position in shares of Simplify Gamma Emerging Market Bond ETF by 21.2% during the 1st quarter. Networth Advisors LLC now owns 11,176 shares of the company’s stock valued at $289,000 after purchasing an additional 1,957 shares during the last quarter. Howard Bailey Securities LLC purchased a new stake in Simplify Gamma Emerging Market Bond ETF during the 4th quarter valued at $876,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in Simplify Gamma Emerging Market Bond ETF during the 4th quarter valued at $122,000.

Simplify Gamma Emerging Market Bond ETF Trading Down 0.3%

Shares of GAEM stock opened at $26.44 on Wednesday. Simplify Gamma Emerging Market Bond ETF has a 52-week low of $25.68 and a 52-week high of $28.25. The stock has a fifty day simple moving average of $26.80 and a two-hundred day simple moving average of $26.69.

Simplify Gamma Emerging Market Bond ETF Company Profile

The Simplify Gamma Emerging Market Bond ETF (GAEM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking income and capital appreciation through investments in emerging markets debts. Fixed-income securities are not restricted in terms of maturity or credit rating. GAEM was launched on Aug 12, 2024 and is issued by Simplify.