Simplify Ancorato Target 25 Distribution ETF (NYSEARCA:XXV) Stock Short Interest Climbs 89.3%

Simplify Ancorato Target 25 Distribution ETF (NYSEARCA:XXV) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 16,369 shares, an increase of 89.3% from the August 31st total of 8,646 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average trading volume of 25,944 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its stake in Simplify Ancorato Target 25 Distribution ETF by 98.2% during the second quarter. Envestnet Asset Management Inc. now owns 104,778 shares of the company’s stock worth $2,479,000 after acquiring an additional 51,902 shares in the last quarter. Legacy Wealth Managment LLC ID grew its holdings in Simplify Ancorato Target 25 Distribution ETF by 35.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 895,642 shares of the company’s stock worth $20,295,000 after acquiring an additional 233,190 shares during the last quarter. Finally, Castleview Partners LLC raised its stake in shares of Simplify Ancorato Target 25 Distribution ETF by 58.8% in the first quarter. Castleview Partners LLC now owns 71,008 shares of the company’s stock worth $1,609,000 after acquiring an additional 26,303 shares during the last quarter.

Simplify Ancorato Target 25 Distribution ETF Stock Up 0.3%

Shares of XXV traded up $0.07 during mid-day trading on Wednesday, hitting $23.02. The company’s stock had a trading volume of 40,185 shares, compared to its average volume of 32,993. Simplify Ancorato Target 25 Distribution ETF has a one year low of $21.55 and a one year high of $27.56. The stock’s 50-day moving average is $23.25 and its two-hundred day moving average is $23.49.