Short Interest in Simplify Enhanced Income ETF (NYSEARCA:HIGH) Declines By 61.4%

Simplify Enhanced Income ETF (NYSEARCA:HIGHGet Free Report) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 14,600 shares, a decline of 61.4% from the September 15th total of 37,800 shares. Based on an average trading volume of 58,700 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 58,700 shares, the days-to-cover ratio is currently 0.2 days.

Simplify Enhanced Income ETF Price Performance

NYSEARCA HIGH opened at $23.04 on Friday. The company’s 50-day simple moving average is $23.21 and its 200 day simple moving average is $23.54. Simplify Enhanced Income ETF has a twelve month low of $20.98 and a twelve month high of $25.15.

Institutional Trading of Simplify Enhanced Income ETF

Several large investors have recently added to or reduced their stakes in HIGH. Park Square Financial Group LLC bought a new stake in Simplify Enhanced Income ETF during the first quarter worth about $38,000. Raymond James Financial Inc. bought a new stake in Simplify Enhanced Income ETF during the second quarter worth about $47,000. Larson Financial Group LLC bought a new stake in Simplify Enhanced Income ETF during the first quarter worth about $49,000. Transce3nd LLC bought a new stake in Simplify Enhanced Income ETF during the first quarter worth about $150,000. Finally, Whipplewood Advisors LLC grew its stake in Simplify Enhanced Income ETF by 31.7% during the second quarter. Whipplewood Advisors LLC now owns 6,535 shares of the company’s stock worth $158,000 after buying an additional 1,574 shares during the last quarter.

About Simplify Enhanced Income ETF

(Get Free Report)

The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.

See Also

Receive News & Ratings for Simplify Enhanced Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Enhanced Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.