Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sees Significant Drop in Short Interest

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 42,908 shares, a decrease of 72.4% from the December 31st total of 155,564 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 277,882 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 277,882 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Simplify Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGGH traded up $0.07 during midday trading on Wednesday, reaching $20.75. The company had a trading volume of 93,831 shares, compared to its average volume of 222,024. The company’s 50 day moving average price is $20.80 and its 200 day moving average price is $20.73. Simplify Aggregate Bond ETF has a 52-week low of $19.41 and a 52-week high of $21.63.

Simplify Aggregate Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 27th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a c) annualized dividend and a yield of 7.5%.

Hedge Funds Weigh In On Simplify Aggregate Bond ETF

Several hedge funds have recently made changes to their positions in AGGH. Osaic Holdings Inc. boosted its holdings in Simplify Aggregate Bond ETF by 361.6% during the 2nd quarter. Osaic Holdings Inc. now owns 1,255,700 shares of the company’s stock valued at $25,919,000 after acquiring an additional 983,674 shares during the period. Great Diamond Partners LLC purchased a new stake in shares of Simplify Aggregate Bond ETF during the second quarter valued at approximately $8,683,000. Beacon Capital Management LLC purchased a new stake in shares of Simplify Aggregate Bond ETF during the third quarter valued at approximately $6,507,000. AE Wealth Management LLC grew its holdings in shares of Simplify Aggregate Bond ETF by 144.3% in the third quarter. AE Wealth Management LLC now owns 488,644 shares of the company’s stock worth $10,120,000 after purchasing an additional 288,615 shares during the last quarter. Finally, Park Edge Advisors LLC increased its stake in shares of Simplify Aggregate Bond ETF by 95.3% in the third quarter. Park Edge Advisors LLC now owns 362,646 shares of the company’s stock worth $7,510,000 after buying an additional 176,981 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.