Short Interest in Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Grows By 63.5%

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,031 shares, an increase of 63.5% from the June 30th total of 2,465 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 12,717 shares, the days-to-cover ratio is presently 0.3 days.

Simplify Gold Strategy PLUS Income ETF Stock Down 1.1%

YGLD opened at $31.17 on Friday. The business’s 50 day moving average is $33.44 and its two-hundred day moving average is $40.94. Simplify Gold Strategy PLUS Income ETF has a 52 week low of $30.55 and a 52 week high of $59.22.

Institutional Investors Weigh In On Simplify Gold Strategy PLUS Income ETF

Several hedge funds have recently modified their holdings of the stock. Quantinno Capital Management LP acquired a new stake in shares of Simplify Gold Strategy PLUS Income ETF in the 1st quarter worth $267,000. Cambridge Advisors Inc. increased its holdings in Simplify Gold Strategy PLUS Income ETF by 30.2% during the 1st quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock valued at $605,000 after acquiring an additional 3,515 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF during the 4th quarter worth approximately $433,000. Jane Street Group LLC acquired a new position in shares of Simplify Gold Strategy PLUS Income ETF in the fourth quarter worth $262,000. Finally, Reyes Financial Architecture Inc. acquired a new position in Simplify Gold Strategy PLUS Income ETF in the 4th quarter valued at about $907,000.

Simplify Gold Strategy PLUS Income ETF Company Profile

The Simplify Gold Strategy PLUS Income ETF (YGLD) is an exchange-traded fund that mostly invests in gold commodities. The fund is an actively managed fund that seeks capital appreciation and income. The fund aims to provide 150% gold exposure while holding near-term, index-based put or call spreads. YGLD was launched on Dec 2, 2024 and is issued by Simplify.