Short Interest in Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Declines By 71.1%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 29,324 shares, a decline of 71.1% from the August 15th total of 101,350 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 187,329 shares, the days-to-cover ratio is currently 0.2 days.

Simplify Aggregate Bond ETF Trading Up 0.2%

AGGH stock traded up $0.04 during trading on Monday, hitting $19.50. The company had a trading volume of 36,476 shares, compared to its average volume of 225,761. Simplify Aggregate Bond ETF has a 52-week low of $19.32 and a 52-week high of $21.02. The company has a 50 day simple moving average of $19.87 and a 200-day simple moving average of $20.19.

Hedge Funds Weigh In On Simplify Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in AGGH. Gradient Investments LLC bought a new stake in shares of Simplify Aggregate Bond ETF in the second quarter valued at about $37,475,000. WealthPlan Investment Management LLC bought a new position in Simplify Aggregate Bond ETF during the 4th quarter worth about $5,349,000. Simplify Asset Management Inc. increased its position in Simplify Aggregate Bond ETF by 13.4% during the 1st quarter. Simplify Asset Management Inc. now owns 2,109,127 shares of the company’s stock valued at $42,921,000 after purchasing an additional 250,000 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in Simplify Aggregate Bond ETF during the 4th quarter valued at about $3,672,000. Finally, IFS Group LLC bought a new stake in shares of Simplify Aggregate Bond ETF in the 1st quarter valued at about $2,844,000.

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.