Simplify Enhanced Income ETF (NYSEARCA:HIGH) Shares Shorted: Short Interest Up 47.6% in September

Simplify Enhanced Income ETF (NYSEARCA:HIGH) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,397 shares, an increase of 47.6% from the August 31st total of 3,656 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 10,396 shares, the days-to-cover ratio is presently 0.5 days.

Simplify Enhanced Income ETF Price Performance

HIGH stock traded up $0.09 during midday trading on Friday, hitting $21.26. The stock had a trading volume of 5,289 shares, compared to its average volume of 40,410. The business has a 50-day moving average of $21.54 and a two-hundred day moving average of $21.55. Simplify Enhanced Income ETF has a 52-week low of $20.96 and a 52-week high of $23.88.

Institutional Trading of Simplify Enhanced Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Citadel Advisors LLC purchased a new position in Simplify Enhanced Income ETF during the 2nd quarter valued at about $219,000. Foundations Investment Advisors LLC grew its holdings in Simplify Enhanced Income ETF by 37.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 12,321 shares of the company’s stock worth $275,000 after purchasing an additional 3,342 shares during the period. Legacy Wealth Managment LLC ID increased its stake in shares of Simplify Enhanced Income ETF by 46.0% during the second quarter. Legacy Wealth Managment LLC ID now owns 61,667 shares of the company’s stock valued at $1,334,000 after purchasing an additional 19,434 shares in the last quarter. Howard Bailey Securities LLC purchased a new position in shares of Simplify Enhanced Income ETF during the fourth quarter valued at approximately $1,792,000. Finally, Altiora Financial Group LLC purchased a new position in shares of Simplify Enhanced Income ETF during the fourth quarter valued at approximately $1,981,000.

About Simplify Enhanced Income ETF

The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.