Short Interest in Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Declines By 52.6%

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 1,728 shares, a decrease of 52.6% from the July 15th total of 3,647 shares. Based on an average daily trading volume, of 8,860 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Simplify Gamma Emerging Market Bond ETF Stock Down 0.2%

GAEM traded down $0.05 during mid-day trading on Monday, reaching $26.84. The stock had a trading volume of 3,468 shares, compared to its average volume of 10,109. The firm’s fifty day simple moving average is $26.90 and its two-hundred day simple moving average is $26.69. Simplify Gamma Emerging Market Bond ETF has a 52 week low of $25.68 and a 52 week high of $28.25.

Institutional Trading of Simplify Gamma Emerging Market Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC boosted its stake in shares of Simplify Gamma Emerging Market Bond ETF by 2.3% in the 1st quarter. Elevated Capital Advisors LLC now owns 93,843 shares of the company’s stock valued at $2,430,000 after purchasing an additional 2,123 shares during the last quarter. B.O.S.S. Retirement Advisors LLC raised its stake in shares of 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 buying an additional 1,943 shares during the last quarter. Networth Advisors LLC lifted its holdings in Simplify Gamma Emerging Market Bond ETF by 21.2% in the first quarter. Networth Advisors LLC now owns 11,176 shares of the company’s stock valued at $289,000 after buying an additional 1,957 shares during the period. CreativeOne Wealth LLC bought a new position in Simplify Gamma Emerging Market Bond ETF in the fourth quarter valued at approximately $254,000. Finally, Inspire Advisors LLC bought a new position in Simplify Gamma Emerging Market Bond ETF in the fourth quarter valued at approximately $3,475,000.

About Simplify Gamma Emerging Market Bond ETF

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.