Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Sees Large Increase in Short Interest

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 6,648 shares, a growth of 130.4% from the August 15th total of 2,886 shares. Based on an average daily trading volume, of 18,521 shares, the short-interest ratio is presently 0.4 days. Approximately 0.6% of the shares of the company are short sold.

Hedge Funds Weigh In On Simplify Gold Strategy PLUS Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. RFG Advisory LLC bought a new stake in shares of Simplify Gold Strategy PLUS Income ETF in the second quarter valued at approximately $1,019,000. Quantinno Capital Management LP bought a new position in Simplify Gold Strategy PLUS Income ETF in the 1st quarter worth approximately $267,000. Finally, Cambridge Advisors Inc. boosted its holdings in Simplify Gold Strategy PLUS Income ETF by 30.2% in the 1st quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock worth $605,000 after buying an additional 3,515 shares during the period.

Simplify Gold Strategy PLUS Income ETF Price Performance

Shares of YGLD opened at $32.98 on Wednesday. The business has a 50-day moving average of $34.14 and a 200 day moving average of $37.76. Simplify Gold Strategy PLUS Income ETF has a fifty-two week low of $30.55 and a fifty-two week 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.