Short Interest in Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Expands By 63.5%

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,031 shares, an increase of 63.5% from the June 30th total of 2,465 shares. Based on an average daily trading volume, of 12,717 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the company are short sold.

Simplify Gold Strategy PLUS Income ETF Trading Down 1.0%

Shares of NYSEARCA:YGLD traded down $0.33 during midday trading on Friday, hitting $31.18. The company had a trading volume of 5,434 shares, compared to its average volume of 24,005. The company has a fifty day moving average of $33.57 and a two-hundred day moving average of $41.01. Simplify Gold Strategy PLUS Income ETF has a 12-month low of $30.55 and a 12-month high of $59.22.

Institutional Investors Weigh In On Simplify Gold Strategy PLUS Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Reyes Financial Architecture Inc. purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the fourth quarter worth $907,000. Cambridge Advisors Inc. increased its position in Simplify Gold Strategy PLUS Income ETF by 30.2% in the first quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock worth $605,000 after purchasing an additional 3,515 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the 4th quarter worth $433,000. Quantinno Capital Management LP purchased a new position in Simplify Gold Strategy PLUS Income ETF in the first quarter worth about $267,000. Finally, Jane Street Group LLC bought a new stake in Simplify Gold Strategy PLUS Income ETF during the fourth quarter worth approximately $262,000.

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.