Simplify Enhanced Income ETF (NYSEARCA:HIGH) Short Interest Update

Simplify Enhanced Income ETF (NYSEARCA:HIGH) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 5,397 shares, a growth of 47.6% from the August 31st total of 3,656 shares. Based on an average trading volume of 10,396 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Foundations Investment Advisors LLC lifted its position in Simplify Enhanced Income ETF by 37.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 12,321 shares of the company’s stock valued at $275,000 after acquiring an additional 3,342 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of Simplify Enhanced Income ETF in the 2nd quarter valued at about $219,000. Legacy Wealth Managment LLC ID boosted its position in shares of Simplify Enhanced Income ETF by 46.0% in 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 period. Principal Securities Inc. grew its stake in Simplify Enhanced Income ETF by 15.2% during the 4th quarter. Principal Securities Inc. now owns 599,795 shares of the company’s stock worth $13,381,000 after buying an additional 78,956 shares during the last quarter. Finally, Howard Bailey Securities LLC acquired a new position in Simplify Enhanced Income ETF during the fourth quarter worth approximately $1,792,000.

Simplify Enhanced Income ETF Price Performance

HIGH stock traded up $0.02 during trading on Thursday, hitting $21.17. 7,810 shares of the company’s stock were exchanged, compared to its average volume of 40,597. The business has a 50-day moving average price of $21.55 and a two-hundred day moving average price of $21.55. Simplify Enhanced Income ETF has a 52-week low of $20.96 and a 52-week 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.