Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 12,048 shares, an increase of 81.2% from the August 31st total of 6,648 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average trading volume of 13,345 shares, the days-to-cover ratio is presently 0.9 days.
Institutional Investors Weigh In On Simplify Gold Strategy PLUS Income ETF
Several hedge funds and other institutional investors have recently made changes to their positions in YGLD. RFG Advisory LLC purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF during the second quarter worth about $1,019,000. Quantinno Capital Management LP purchased a new stake in shares of Simplify Gold Strategy PLUS Income ETF in the first quarter valued at about $267,000. Finally, Cambridge Advisors Inc. grew its holdings in shares of Simplify Gold Strategy PLUS Income ETF by 30.2% during the first quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock worth $605,000 after buying an additional 3,515 shares during the last quarter.
Simplify Gold Strategy PLUS Income ETF Stock Down 0.5%
Shares of NYSEARCA YGLD traded down $0.17 during mid-day trading on Wednesday, hitting $30.54. The company had a trading volume of 4,882 shares, compared to its average volume of 21,576. The business’s 50-day simple moving average is $34.34 and its 200 day simple moving average is $36.47. Simplify Gold Strategy PLUS Income ETF has a 1-year low of $30.10 and a 1-year high of $59.22.
About Simplify Gold Strategy PLUS Income ETF
The Simplify Gold Strategy PLUS Income ETF (YGLD) is an exchange-traded fund that mostly invests in gold commodities. The fund is an actively managed fund that seeks capital appreciation and income. The fund aims to provide 150% gold exposure while holding near-term, index-based put or call spreads. YGLD was launched on Dec 2, 2024 and is issued by Simplify.
Featured Stories
- Five stocks we like better than Simplify Gold Strategy PLUS Income ETF
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
Receive News & Ratings for Simplify Gold Strategy PLUS Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Gold Strategy PLUS Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
