Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Short Interest Up 450.5% in May

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 14,037 shares, a growth of 450.5% from the May 14th total of 2,550 shares. Based on an average trading volume of 16,637 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of YGLD. Reyes Financial Architecture Inc. acquired a new position in shares of Simplify Gold Strategy PLUS Income ETF during the fourth quarter valued at about $907,000. Cambridge Advisors Inc. lifted its position in shares of Simplify Gold Strategy PLUS Income ETF by 23.5% during the fourth quarter. Cambridge Advisors Inc. now owns 11,640 shares of the company’s stock worth $485,000 after purchasing an additional 2,216 shares in the last quarter. Quantinno Capital Management LP acquired a new position in shares of Simplify Gold Strategy PLUS Income ETF during the first quarter worth approximately $267,000. OLD Mission Capital LLC bought a new position in Simplify Gold Strategy PLUS Income ETF in the fourth quarter valued at approximately $433,000. Finally, Jane Street Group LLC bought a new position in Simplify Gold Strategy PLUS Income ETF in the fourth quarter valued at approximately $262,000.

Simplify Gold Strategy PLUS Income ETF Trading Up 4.4%

NYSEARCA YGLD traded up $1.43 on Thursday, hitting $33.89. 15,411 shares of the stock were exchanged, compared to its average volume of 27,370. Simplify Gold Strategy PLUS Income ETF has a 52-week low of $32.03 and a 52-week high of $59.22. The company’s 50-day moving average price is $39.15 and its two-hundred day moving average price is $43.75.

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.