Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Stock Short Interest Drops 80.5%

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 708 shares, a drop of 80.5% from the September 30th total of 3,625 shares. Based on an average daily volume of 12,201 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Simplify Gamma Emerging Market Bond ETF Stock Performance

NYSEARCA:GAEM traded down $0.06 during trading hours on Wednesday, hitting $25.51. The company’s stock had a trading volume of 5,315 shares, compared to its average volume of 9,848. The stock has a fifty day moving average of $26.23 and a 200-day moving average of $26.58. Simplify Gamma Emerging Market Bond ETF has a 52-week low of $25.28 and a 52-week high of $28.25.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Mosley Wealth Management purchased a new position in shares of Simplify Gamma Emerging Market Bond ETF in the 3rd quarter valued at about $1,029,000. Winnacle Wealth LLC raised its position in shares of Simplify Gamma Emerging Market Bond ETF by 188.5% during the 3rd quarter. Winnacle Wealth LLC now owns 38,764 shares of the company’s stock worth $990,000 after acquiring an additional 25,326 shares in the last quarter. SteelPeak Wealth LLC raised its position in shares of Simplify Gamma Emerging Market Bond ETF by 92.4% during the 3rd quarter. SteelPeak Wealth LLC now owns 36,087 shares of the company’s stock worth $921,000 after acquiring an additional 17,329 shares in the last quarter. Elevated Capital Advisors LLC lifted its stake in Simplify Gamma Emerging Market Bond ETF by 2.3% during the first quarter. Elevated Capital Advisors LLC now owns 93,843 shares of the company’s stock worth $2,430,000 after purchasing an additional 2,123 shares during the last quarter. Finally, B.O.S.S. Retirement Advisors LLC lifted its stake in Simplify Gamma Emerging Market Bond ETF by 7.2% during the first quarter. B.O.S.S. Retirement Advisors LLC now owns 28,908 shares of the company’s stock worth $748,000 after purchasing an additional 1,943 shares during the last quarter.

Simplify Gamma Emerging Market Bond ETF Company Profile

The Simplify Gamma Emerging Market Bond ETF (GAEM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking income and capital appreciation through investments in emerging markets debts. Fixed-income securities are not restricted in terms of maturity or credit rating. GAEM was launched on Aug 12, 2024 and is issued by Simplify.