Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Stock Short Interest Drops 67.1%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 17,944 shares, a decrease of 67.1% from the September 30th total of 54,509 shares. Based on an average trading volume of 335,966 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Simplify Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AGGH. Sowell Financial Services LLC acquired a new position in Simplify Aggregate Bond ETF during the 3rd quarter worth approximately $46,760,000. Simplify Asset Management Inc. raised its stake in Simplify Aggregate Bond ETF by 13.4% in the first quarter. Simplify Asset Management Inc. now owns 2,109,127 shares of the company’s stock valued at $42,921,000 after buying an additional 250,000 shares during the period. Gradient Investments LLC bought a new position in shares of Simplify Aggregate Bond ETF during the 3rd quarter worth approximately $38,552,000. Envestnet Asset Management Inc. raised its stake in Simplify Aggregate Bond ETF by 12.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,350,119 shares of the company’s stock valued at $27,232,000 after acquiring an additional 153,424 shares during the period. Finally, WealthPlan Investment Management LLC lifted its holdings in Simplify Aggregate Bond ETF by 6.0% during the 3rd quarter. WealthPlan Investment Management LLC now owns 717,978 shares of the company’s stock valued at $13,591,000 after purchasing an additional 40,667 shares during the last quarter.

Simplify Aggregate Bond ETF Price Performance

NYSEARCA AGGH traded up $0.07 on Thursday, reaching $19.16. The company had a trading volume of 42,062 shares, compared to its average volume of 254,200. The company’s fifty day moving average is $19.34 and its 200-day moving average is $20.11. Simplify Aggregate Bond ETF has a 1-year low of $18.73 and a 1-year high of $21.00.

Simplify Aggregate Bond ETF Company Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.