Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Stock Short Interest Drops 67.1%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 17,944 shares, a drop of 67.1% from the September 30th total of 54,509 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 335,966 shares, the short-interest ratio is presently 0.1 days.

Simplify Aggregate Bond ETF Stock Performance

NYSEARCA AGGH traded up $0.07 on Thursday, reaching $19.16. The stock had a trading volume of 42,062 shares, compared to its average volume of 254,200. The firm has a fifty day moving average of $19.34 and a two-hundred day moving average of $20.11. Simplify Aggregate Bond ETF has a 1-year low of $18.73 and a 1-year high of $21.00.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Montgomery Financial Services LLC bought a new position in Simplify Aggregate Bond ETF during the 2nd quarter worth approximately $25,000. Wealth Enhancement Trust Services Inc. bought a new position in shares of Simplify Aggregate Bond ETF during the 3rd quarter worth approximately $97,000. Park Avenue Securities LLC acquired a new stake in shares of Simplify Aggregate Bond ETF during the 3rd quarter worth approximately $206,000. Arkadios Wealth Advisors grew its position in shares of Simplify Aggregate Bond ETF by 7.7% during the 1st quarter. Arkadios Wealth Advisors now owns 10,449 shares of the company’s stock worth $213,000 after buying an additional 750 shares during the period. Finally, Retirement Planning Group LLC acquired a new stake in Simplify Aggregate Bond ETF in the first quarter worth $237,000.

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.