Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM – Get Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 3,318 shares, a growth of 489.3% from the April 15th total of 563 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 4,606 shares, the short-interest ratio is presently 0.7 days.
Simplify Gamma Emerging Market Bond ETF Price Performance
GAEM stock remained flat at $26.67 during trading on Thursday. 12,363 shares of the company were exchanged, compared to its average volume of 11,840. Simplify Gamma Emerging Market Bond ETF has a 12 month low of $25.31 and a 12 month high of $27.12. The business’s 50 day moving average price is $26.48 and its 200 day moving average price is $26.61.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Authentikos Wealth Advisory LLC grew its stake in 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 purchasing an additional 1,660 shares during the period. B.O.S.S. Retirement Advisors LLC boosted its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 7.2% during the 1st quarter. B.O.S.S. Retirement Advisors LLC now owns 28,908 shares of the company’s stock valued at $748,000 after buying an additional 1,943 shares in the last quarter. Networth Advisors LLC boosted its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 21.2% during the 1st 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 in the last quarter. Elevated Capital Advisors LLC grew its position 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 worth $2,430,000 after buying an additional 2,123 shares during the period. Finally, Guerra Advisors Inc purchased a new stake in shares of Simplify Gamma Emerging Market Bond ETF in the 3rd quarter worth about $81,000.
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.
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