Simplify Barrier Income ETF (NYSEARCA:SBAR) Sees Large Decline in Short Interest

Simplify Barrier Income ETF (NYSEARCA:SBAR) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 15,699 shares, a decrease of 27.9% from the December 31st total of 21,784 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 106,118 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 106,118 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Simplify Barrier Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Simplify Asset Management Inc. purchased a new position in shares of Simplify Barrier Income ETF during the second quarter valued at approximately $28,842,000. AE Wealth Management LLC increased its position in Simplify Barrier Income ETF by 13.2% during the 4th quarter. AE Wealth Management LLC now owns 435,647 shares of the company’s stock valued at $11,397,000 after buying an additional 50,928 shares in the last quarter. Mid American Wealth Advisory Group Inc. raised its stake in Simplify Barrier Income ETF by 18.3% during the fourth quarter. Mid American Wealth Advisory Group Inc. now owns 390,670 shares of the company’s stock valued at $10,220,000 after buying an additional 60,345 shares during the last quarter. Beacon Capital Management LLC bought a new stake in Simplify Barrier Income ETF in the third quarter worth $6,608,000. Finally, Elevated Capital Advisors LLC boosted its holdings in Simplify Barrier Income ETF by 23.1% in the fourth quarter. Elevated Capital Advisors LLC now owns 185,484 shares of the company’s stock worth $4,852,000 after acquiring an additional 34,785 shares in the last quarter.

Simplify Barrier Income ETF Stock Performance

Shares of SBAR stock traded up $0.01 during mid-day trading on Monday, reaching $26.11. 833,658 shares of the company’s stock traded hands, compared to its average volume of 188,817. The company’s 50-day moving average price is $26.22 and its 200-day moving average price is $26.22. Simplify Barrier Income ETF has a 12 month low of $24.57 and a 12 month high of $26.95.

Simplify Barrier Income ETF Company Profile

Simplify Exchange Traded Funds – Simplify Barrier Income ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc The fund invests in public equity and fixed income markets of global region. For its equity portion, it invests directly, through derivatives and through other funds in stocks of companies operating across consumer discretionary, communication services, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.