Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sees Large Growth in Short Interest

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 155,564 shares, an increase of 130.7% from the December 15th total of 67,433 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 268,575 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 268,575 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.0% of the shares of the company are sold short.

Simplify Aggregate Bond ETF Stock Performance

AGGH stock traded down $0.03 during mid-day trading on Wednesday, reaching $20.85. The company had a trading volume of 2,734 shares, compared to its average volume of 151,595. Simplify Aggregate Bond ETF has a one year low of $19.41 and a one year high of $21.63. The stock’s 50-day simple moving average is $20.80 and its two-hundred day simple moving average is $20.70.

Institutional Trading of Simplify Aggregate Bond ETF

Hedge funds have recently bought and sold shares of the company. Bay Rivers Group grew its position in Simplify Aggregate Bond ETF by 13.5% in the 2nd quarter. Bay Rivers Group now owns 16,908 shares of the company’s stock worth $349,000 after purchasing an additional 2,008 shares during the last quarter. Financial Enhancement Group LLC boosted its position in shares of Simplify Aggregate Bond ETF by 66.9% during the second quarter. Financial Enhancement Group LLC now owns 278,103 shares of the company’s stock worth $5,612,000 after buying an additional 111,458 shares during the period. Financial Partners Group Inc bought a new position in Simplify Aggregate Bond ETF in the 2nd quarter worth approximately $713,000. KG&L Capital Management LLC increased its position in Simplify Aggregate Bond ETF by 98.4% in the 2nd quarter. KG&L Capital Management LLC now owns 31,888 shares of the company’s stock valued at $658,000 after acquiring an additional 15,818 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in Simplify Aggregate Bond ETF by 6.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 17,450 shares of the company’s stock valued at $360,000 after acquiring an additional 1,000 shares during the period.

Simplify Aggregate Bond ETF Company Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.