Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Sees Significant Increase in Short Interest

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 6,278 shares, a growth of 104.9% from the May 14th total of 3,064 shares. Based on an average daily volume of 5,002 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lloyd Advisory Services LLC. bought a new position in shares of Simplify Gamma Emerging Market Bond ETF in the fourth quarter worth about $122,000. Blackston Financial Advisory Group LLC bought a new position in shares of Simplify Gamma Emerging Market Bond ETF in the third quarter worth about $223,000. Networth Advisors LLC bought a new position in shares of Simplify Gamma Emerging Market Bond ETF in the fourth quarter worth about $245,000. CreativeOne Wealth LLC bought a new position in shares of Simplify Gamma Emerging Market Bond ETF in the fourth quarter worth about $254,000. Finally, Authentikos Wealth Advisory LLC lifted its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 8.6% in the fourth quarter. Authentikos Wealth Advisory LLC now owns 20,899 shares of the company’s stock worth $556,000 after acquiring an additional 1,660 shares during the last quarter.

Simplify Gamma Emerging Market Bond ETF Trading Up 0.2%

GAEM traded up $0.06 on Monday, hitting $27.06. 1,691 shares of the stock were exchanged, compared to its average volume of 10,945. Simplify Gamma Emerging Market Bond ETF has a 12 month low of $25.45 and a 12 month high of $27.12. The business has a 50-day moving average of $26.69 and a two-hundred day moving average of $26.62.

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.