Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM – Get Free Report) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,625 shares, a decrease of 50.4% from the September 15th total of 7,312 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 6,253 shares, the days-to-cover ratio is currently 0.6 days.
Simplify Gamma Emerging Market Bond ETF Stock Down 0.3%
Shares of Simplify Gamma Emerging Market Bond ETF stock traded down $0.07 during midday trading on Friday, reaching $25.83. 10,680 shares of the company’s stock traded hands, compared to its average volume of 10,041. Simplify Gamma Emerging Market Bond ETF has a 52 week low of $25.28 and a 52 week high of $28.25. The company’s 50 day simple moving average is $26.43 and its 200 day simple moving average is $26.64.
Hedge Funds Weigh In On Simplify Gamma Emerging Market Bond ETF
Institutional investors have recently bought and sold shares of the stock. Networth Advisors LLC lifted its position in shares of 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 worth $289,000 after buying an additional 1,957 shares during the last quarter. B.O.S.S. Retirement Advisors LLC increased 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 acquiring an additional 1,943 shares during the last quarter. Winnacle Wealth LLC increased its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 188.5% during the 3rd quarter. Winnacle Wealth LLC now owns 38,764 shares of the company’s stock valued at $990,000 after acquiring an additional 25,326 shares during the last quarter. Finally, Elevated Capital Advisors LLC increased its holdings in shares of Simplify Gamma Emerging Market Bond ETF by 2.3% during the 1st quarter. Elevated Capital Advisors LLC now owns 93,843 shares of the company’s stock valued at $2,430,000 after acquiring an additional 2,123 shares during the last quarter.
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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