Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) Sees Large Growth in Short Interest

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 20,969 shares, an increase of 74.0% from the September 15th total of 12,048 shares. Based on an average trading volume of 9,217 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. RFG Advisory LLC purchased a new stake in shares of Simplify Gold Strategy PLUS Income ETF during the second quarter worth $1,019,000. Cambridge Advisors Inc. raised its stake in shares of Simplify Gold Strategy PLUS Income ETF by 30.2% during the 1st quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock valued at $605,000 after purchasing an additional 3,515 shares during the period. Quantinno Capital Management LP bought a new stake in shares of Simplify Gold Strategy PLUS Income ETF during the 1st quarter valued at $267,000. Finally, Mather Group LLC. bought a new stake in shares of Simplify Gold Strategy PLUS Income ETF during the 3rd quarter valued at $63,000.

Simplify Gold Strategy PLUS Income ETF Price Performance

NYSEARCA:YGLD traded down $0.07 on Friday, reaching $30.50. 7,065 shares of the company’s stock were exchanged, compared to its average volume of 20,944. The stock has a fifty day simple moving average of $33.89 and a 200-day simple moving average of $35.38. Simplify Gold Strategy PLUS Income ETF has a 52 week low of $29.31 and a 52 week high of $59.22.

About Simplify Gold Strategy PLUS Income ETF

The Simplify Gold Strategy PLUS Income ETF (YGLD) is an exchange-traded fund that mostly invests in gold commodities. The fund is an actively managed fund that seeks capital appreciation and income. The fund aims to provide 150% gold exposure while holding near-term, index-based put or call spreads. YGLD was launched on Dec 2, 2024 and is issued by Simplify.