Simplify Enhanced Income ETF (NYSEARCA:HIGH) Stock Short Interest Report for October

Simplify Enhanced Income ETF (NYSEARCA:HIGH) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 6,316 shares, a growth of 110.8% from the September 30th total of 2,996 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,492 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HIGH. Legacy Wealth Managment LLC ID increased its stake in 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 worth $1,334,000 after buying an additional 19,434 shares during the period. Mosley Wealth Management boosted its position in Simplify Enhanced Income ETF by 28.3% in the 3rd quarter. Mosley Wealth Management now owns 19,996 shares of the company’s stock valued at $420,000 after buying an additional 4,416 shares during the period. WealthPLAN Partners LLC purchased a new stake in Simplify Enhanced Income ETF in the 3rd quarter valued at about $288,000. Mather Group LLC. purchased a new position in shares of Simplify Enhanced Income ETF during the third quarter worth approximately $249,000. Finally, Citadel Advisors LLC bought a new stake in shares of Simplify Enhanced Income ETF during the second quarter valued at approximately $219,000.

Simplify Enhanced Income ETF Trading Down 0.6%

HIGH traded down $0.12 during trading on Friday, hitting $20.83. 30,201 shares of the stock traded hands, compared to its average volume of 37,885. Simplify Enhanced Income ETF has a 12-month low of $20.72 and a 12-month high of $23.39. The firm has a 50-day moving average of $21.27 and a 200 day moving average of $21.57.

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.