Simplify Enhanced Income ETF (NYSEARCA:HIGH) Short Interest Update

Simplify Enhanced Income ETF (NYSEARCA:HIGH) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,161 shares, a decrease of 54.2% from the July 30th total of 6,895 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 21,213 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of Simplify Enhanced Income ETF in the second quarter worth $47,000. CreativeOne Wealth LLC purchased a new stake in Simplify Enhanced Income ETF during the 3rd quarter valued at $553,000. Citadel Advisors LLC grew its holdings in Simplify Enhanced Income ETF by 74.0% in the 3rd quarter. Citadel Advisors LLC now owns 39,588 shares of the company’s stock worth $914,000 after acquiring an additional 16,836 shares during the last quarter. B.O.S.S. Retirement Advisors LLC grew its holdings in Simplify Enhanced Income ETF by 34.6% in the 4th quarter. B.O.S.S. Retirement Advisors LLC now owns 66,624 shares of the company’s stock worth $1,486,000 after acquiring an additional 17,125 shares during the last quarter. Finally, FSA Advisors Inc. bought a new stake in Simplify Enhanced Income ETF in the 4th quarter worth $1,396,000.

Simplify Enhanced Income ETF Price Performance

HIGH traded down $0.04 on Monday, hitting $21.51. 4,660 shares of the company were exchanged, compared to its average volume of 43,923. The firm has a fifty day simple moving average of $21.63 and a two-hundred day simple moving average of $21.60. Simplify Enhanced Income ETF has a 12 month low of $20.96 and a 12 month high of $23.88.

Simplify Enhanced Income ETF Company Profile

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.