Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Sees Large Increase in Short Interest

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 12,199 shares, a growth of 281.5% from the December 15th total of 3,198 shares. Based on an average daily volume of 9,543 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 9,543 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GAEM. AE Wealth Management LLC bought a new position in Simplify Gamma Emerging Market Bond ETF during the third quarter worth about $4,985,000. Beacon Capital Management LLC acquired a new position in shares of Simplify Gamma Emerging Market Bond ETF in the 3rd quarter worth approximately $3,313,000. Authentikos Wealth Advisory LLC bought a new position in shares of Simplify Gamma Emerging Market Bond ETF during the 3rd quarter worth approximately $507,000. B.O.S.S. Retirement Advisors LLC bought a new position in shares of Simplify Gamma Emerging Market Bond ETF during the 3rd quarter worth approximately $281,000. Finally, Blackston Financial Advisory Group LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the 3rd quarter valued at $223,000.

Simplify Gamma Emerging Market Bond ETF Stock Down 0.0%

GAEM stock traded down $0.01 during midday trading on Tuesday, hitting $26.70. The stock had a trading volume of 5,836 shares, compared to its average volume of 8,014. Simplify Gamma Emerging Market Bond ETF has a 52 week low of $24.40 and a 52 week high of $27.07. The stock has a 50-day simple moving average of $26.64 and a 200 day simple moving average of $26.39.

Simplify Gamma Emerging Market Bond ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, November 21st.

About Simplify Gamma Emerging Market Bond ETF

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.