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

Simplify Gold Strategy PLUS Income ETF (NYSEARCA:YGLD) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 14,037 shares, a growth of 450.5% from the May 14th total of 2,550 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 16,637 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Reyes Financial Architecture Inc. purchased a new position in Simplify Gold Strategy PLUS Income ETF in the fourth quarter worth $907,000. Cambridge Advisors Inc. increased its position in shares of Simplify Gold Strategy PLUS Income ETF by 30.2% in the first quarter. Cambridge Advisors Inc. now owns 15,155 shares of the company’s stock valued at $605,000 after buying an additional 3,515 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the fourth quarter valued at $433,000. Quantinno Capital Management LP purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the first quarter valued at $267,000. Finally, Jane Street Group LLC purchased a new position in shares of Simplify Gold Strategy PLUS Income ETF in the fourth quarter valued at $262,000.

Simplify Gold Strategy PLUS Income ETF Trading Down 5.6%

NYSEARCA:YGLD traded down $1.94 during trading hours on Wednesday, hitting $32.46. The company’s stock had a trading volume of 17,436 shares, compared to its average volume of 27,479. The business’s 50-day moving average is $39.39 and its two-hundred day moving average is $43.87. Simplify Gold Strategy PLUS Income ETF has a 52-week low of $32.03 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.