Simplify Barrier Income ETF (NYSEARCA:SBAR) Short Interest Up 77.1% in June

Simplify Barrier Income ETF (NYSEARCA:SBAR) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 104,727 shares, an increase of 77.1% from the May 31st total of 59,129 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 122,503 shares, the days-to-cover ratio is currently 0.9 days.

Simplify Barrier Income ETF Stock Performance

Shares of NYSEARCA SBAR opened at $25.55 on Friday. Simplify Barrier Income ETF has a fifty-two week low of $24.26 and a fifty-two week high of $26.95. The business has a 50-day moving average of $25.51 and a 200-day moving average of $25.63.

Institutional Trading of Simplify Barrier Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC lifted its position in shares of Simplify Barrier Income ETF by 357.9% during the 4th quarter. Sound Income Strategies LLC now owns 957 shares of the company’s stock valued at $25,000 after acquiring an additional 748 shares during the period. Steward Partners Investment Advisory LLC raised its position in Simplify Barrier Income ETF by 141.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,450 shares of the company’s stock worth $38,000 after acquiring an additional 850 shares during the period. Islay Capital Management LLC purchased a new position in shares of Simplify Barrier Income ETF during the 3rd quarter valued at $74,000. Royal Bank of Canada bought a new position in Simplify Barrier Income ETF in the 4th quarter worth approximately $105,000. Finally, NBC Securities Inc. lifted its holdings in Simplify Barrier Income ETF by 830.5% during the 4th quarter. NBC Securities Inc. now owns 4,699 shares of the company’s stock worth $123,000 after purchasing an additional 4,194 shares in the last quarter.

About Simplify Barrier Income ETF

Simplify Exchange Traded Funds – Simplify Barrier Income ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc The fund invests in public equity and fixed income markets of global region. For its equity portion, it invests directly, through derivatives and through other funds in stocks of companies operating across consumer discretionary, communication services, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.