Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Stock Short Interest Climbs 177.7%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 54,509 shares, a growth of 177.7% from the September 15th total of 19,628 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 366,436 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Simplify Aggregate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AGGH. Montgomery Financial Services LLC bought a new stake in shares of Simplify Aggregate Bond ETF during the 2nd quarter valued at $25,000. Wealth Enhancement Trust Services Inc. acquired a new position in Simplify Aggregate Bond ETF in the 3rd quarter valued at $97,000. Arkadios Wealth Advisors lifted its position in Simplify Aggregate Bond ETF by 7.7% during the first quarter. Arkadios Wealth Advisors now owns 10,449 shares of the company’s stock worth $213,000 after purchasing an additional 750 shares during the period. Retirement Planning Group LLC acquired a new position in Simplify Aggregate Bond ETF during the 1st quarter worth approximately $237,000. Finally, Centaurus Financial Inc. acquired a new stake in Simplify Aggregate Bond ETF during the 1st quarter worth approximately $240,000.

Simplify Aggregate Bond ETF Stock Performance

Shares of AGGH stock traded up $0.07 during trading on Tuesday, hitting $19.05. 131,848 shares of the company were exchanged, compared to its average volume of 239,589. The business’s 50-day simple moving average is $19.52 and its 200 day simple moving average is $19.98. Simplify Aggregate Bond ETF has a twelve month low of $18.73 and a twelve month high of $21.02.

About Simplify Aggregate Bond ETF

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.