Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Sees Significant Growth in Short Interest

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 11,545 shares, a growth of 94.4% from the January 29th total of 5,938 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 16,791 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 16,791 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.8% of the shares of the stock are sold short.

Simplify Gamma Emerging Market Bond ETF Price Performance

Shares of GAEM opened at $26.74 on Friday. Simplify Gamma Emerging Market Bond ETF has a 1 year low of $24.40 and a 1 year high of $27.07. The stock has a 50 day simple moving average of $26.70 and a 200-day simple moving average of $26.61.

Simplify Gamma Emerging Market Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This is a boost from Simplify Gamma Emerging Market Bond ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

Institutional Investors Weigh In On Simplify Gamma Emerging Market Bond ETF

Several large investors have recently made changes to their positions in the company. Beacon Capital Management LLC acquired a new position in Simplify Gamma Emerging Market Bond ETF in the third quarter valued at about $3,313,000. AE Wealth Management LLC bought a new position in shares of Simplify Gamma Emerging Market Bond ETF in the third quarter valued at approximately $4,985,000. Authentikos Wealth Advisory LLC acquired a new position in shares of Simplify Gamma Emerging Market Bond ETF in the 3rd quarter worth approximately $507,000. B.O.S.S. Retirement Advisors LLC bought a new stake in Simplify Gamma Emerging Market Bond ETF during the 3rd quarter worth approximately $281,000. Finally, Inspire Advisors LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF during the 4th quarter valued at $3,475,000.

About Simplify Gamma Emerging Market Bond ETF

The Simplify Gamma Emerging Market Bond ETF (GAEM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking income and capital appreciation through investments in emerging markets debts. Fixed-income securities are not restricted in terms of maturity or credit rating. GAEM was launched on Aug 12, 2024 and is issued by Simplify.