Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sees Large Growth in Short Interest

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 155,564 shares, an increase of 130.7% from the December 15th total of 67,433 shares. Based on an average daily volume of 268,575 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.0% of the company’s stock are sold short. Currently, 1.0% of the company’s stock are sold short. Based on an average daily volume of 268,575 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Great Diamond Partners LLC increased its position in shares of Simplify Aggregate Bond ETF by 9.6% in the 3rd quarter. Great Diamond Partners LLC now owns 461,077 shares of the company’s stock worth $9,549,000 after purchasing an additional 40,410 shares during the last quarter. Evolution Wealth Management Inc. grew its stake in Simplify Aggregate Bond ETF by 286.2% in the third quarter. Evolution Wealth Management Inc. now owns 53,980 shares of the company’s stock worth $1,118,000 after purchasing an additional 40,003 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in Simplify Aggregate Bond ETF by 9.9% in the second quarter. Avantax Advisory Services Inc. now owns 138,554 shares of the company’s stock worth $2,860,000 after purchasing an additional 12,503 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Simplify Aggregate Bond ETF by 536.6% in the second quarter. Envestnet Asset Management Inc. now owns 194,107 shares of the company’s stock valued at $4,006,000 after buying an additional 163,618 shares during the last quarter. Finally, Atria Wealth Solutions Inc. increased its holdings in Simplify Aggregate Bond ETF by 12.5% in the second quarter. Atria Wealth Solutions Inc. now owns 12,150 shares of the company’s stock valued at $251,000 after buying an additional 1,354 shares during the last quarter.

Simplify Aggregate Bond ETF Stock Performance

Shares of AGGH traded down $0.03 during trading on Wednesday, reaching $20.85. The company’s stock had a trading volume of 2,734 shares, compared to its average volume of 151,595. The company has a fifty day moving average of $20.80 and a two-hundred day moving average of $20.70. Simplify Aggregate Bond ETF has a twelve month low of $19.41 and a twelve month high of $21.63.

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.