Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 4,203 shares, a growth of 85.7% from the August 15th total of 2,263 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 13,816 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in GAEM. Lloyd Advisory Services LLC. acquired a new stake in shares of Simplify Gamma Emerging Market Bond ETF in the fourth quarter valued at $122,000. Networth Advisors LLC lifted its stake in Simplify Gamma Emerging Market Bond ETF by 21.2% during the 1st quarter. Networth Advisors LLC now owns 11,176 shares of the company’s stock worth $289,000 after acquiring an additional 1,957 shares in the last quarter. Blackston Financial Advisory Group LLC lifted its stake in Simplify Gamma Emerging Market Bond ETF by 53.6% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 13,007 shares of the company’s stock worth $346,000 after acquiring an additional 4,539 shares in the last quarter. Authentikos Wealth Advisory LLC boosted its holdings in Simplify Gamma Emerging Market Bond ETF by 8.6% during the 4th quarter. Authentikos Wealth Advisory LLC now owns 20,899 shares of the company’s stock valued at $556,000 after acquiring an additional 1,660 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC boosted its holdings in Simplify Gamma Emerging Market Bond ETF by 7.2% during the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 28,908 shares of the company’s stock valued at $748,000 after acquiring an additional 1,943 shares during the period.
Simplify Gamma Emerging Market Bond ETF Trading Up 0.4%
NYSEARCA GAEM traded up $0.11 during trading hours on Thursday, reaching $26.59. The company had a trading volume of 5,475 shares, compared to its average volume of 10,075. The stock has a 50-day moving average of $26.79 and a 200 day moving average of $26.69. Simplify Gamma Emerging Market Bond ETF has a 1-year low of $25.68 and a 1-year high of $28.25.
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.
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