Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 4,473 shares, a drop of 68.1% from the May 31st total of 14,037 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 14,867 shares, the short-interest ratio is presently 0.3 days.
Simplify Gold Strategy PLUS Income ETF Price Performance
NYSEARCA YGLD traded up $0.63 during mid-day trading on Friday, reaching $32.11. The stock had a trading volume of 27,715 shares, compared to its average volume of 26,485. Simplify Gold Strategy PLUS Income ETF has a 1 year low of $31.13 and a 1 year high of $59.22. The company has a fifty day moving average price of $37.50 and a 200 day moving average price of $43.03.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of YGLD. Cambridge Advisors Inc. lifted its holdings 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 valued at $485,000 after purchasing an additional 2,216 shares in the last quarter. Jane Street Group LLC purchased a new position in Simplify Gold Strategy PLUS Income ETF in the 4th quarter worth about $262,000. Quantinno Capital Management LP purchased a new position in Simplify Gold Strategy PLUS Income ETF in the 1st quarter worth about $267,000. OLD Mission Capital LLC bought a new position in Simplify Gold Strategy PLUS Income ETF during the 4th quarter valued at about $433,000. Finally, Reyes Financial Architecture Inc. bought a new position in Simplify Gold Strategy PLUS Income ETF during the 4th quarter valued at about $907,000.
About Simplify Gold Strategy PLUS Income ETF
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.
Recommended Stories
- Five stocks we like better than Simplify Gold Strategy PLUS Income ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Receive News & Ratings for Simplify Gold Strategy PLUS Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Gold Strategy PLUS Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
