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 large growth in short interest in August. As of August 14th, there was short interest totaling 2,886 shares, a growth of 197.2% from the July 30th total of 971 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 11,799 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in shares of Simplify Gold Strategy PLUS Income ETF in the 4th quarter valued at $262,000. Quantinno Capital Management LP acquired a new position in shares of Simplify Gold Strategy PLUS Income ETF during the first quarter valued at $267,000. OLD Mission Capital LLC bought a new position in Simplify Gold Strategy PLUS Income ETF in the fourth quarter valued at about $433,000. Finally, Cambridge Advisors Inc. boosted its holdings in 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 acquiring an additional 3,515 shares during the last quarter.

Simplify Gold Strategy PLUS Income ETF Trading Down 7.8%

Shares of NYSEARCA YGLD traded down $3.06 during trading on Friday, reaching $36.04. The company had a trading volume of 36,848 shares, compared to its average volume of 22,911. Simplify Gold Strategy PLUS Income ETF has a 52 week low of $30.55 and a 52 week high of $59.22. The business’s 50 day moving average price is $33.62 and its 200-day moving average price is $39.16.

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.