Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Stock Short Interest Declines 88.2%

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,480 shares, a drop of 88.2% from the September 30th total of 20,969 shares. Based on an average trading volume of 11,357 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. RFG Advisory LLC purchased a new position in Simplify Gold Strategy PLUS Income ETF during the 2nd quarter valued at about $1,019,000. Partners Wealth Management LLC purchased a new stake in Simplify Gold Strategy PLUS Income ETF in the 3rd quarter worth approximately $533,000. Quantinno Capital Management LP purchased a new stake in Simplify Gold Strategy PLUS Income ETF in the 1st quarter worth approximately $267,000. Finally, Mather Group LLC. bought a new stake in shares of Simplify Gold Strategy PLUS Income ETF in the 3rd quarter worth approximately $63,000.

Simplify Gold Strategy PLUS Income ETF Stock Up 0.4%

Shares of Simplify Gold Strategy PLUS Income ETF stock opened at $28.88 on Thursday. Simplify Gold Strategy PLUS Income ETF has a one year low of $28.01 and a one year high of $59.22. The business’s 50 day simple moving average is $32.87 and its two-hundred day simple moving average is $38.58.

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.