Simplify Enhanced Income ETF (NYSEARCA:HIGH) Short Interest Update

Simplify Enhanced Income ETF (NYSEARCA:HIGH) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 3,161 shares, a decline of 54.2% from the July 30th total of 6,895 shares. Based on an average daily volume of 21,213 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Simplify Enhanced Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of HIGH. Raymond James Financial Inc. acquired a new position in Simplify Enhanced Income ETF in the 2nd quarter worth about $47,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Simplify Enhanced Income ETF during the 4th quarter valued at about $233,000. Royal Bank of Canada lifted its holdings in shares of Simplify Enhanced Income ETF by 18.5% during the 4th quarter. Royal Bank of Canada now owns 12,227 shares of the company’s stock valued at $273,000 after buying an additional 1,908 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Simplify Enhanced Income ETF by 37.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 12,321 shares of the company’s stock valued at $275,000 after buying an additional 3,342 shares in the last quarter. Finally, CreativeOne Wealth LLC bought a new stake in shares of Simplify Enhanced Income ETF in the 3rd quarter valued at approximately $553,000.

Simplify Enhanced Income ETF Stock Down 0.4%

HIGH stock traded down $0.09 during midday trading on Friday, reaching $21.55. The company had a trading volume of 17,178 shares, compared to its average volume of 44,163. Simplify Enhanced Income ETF has a 1 year low of $20.96 and a 1 year high of $23.88. The company has a 50 day moving average of $21.63 and a two-hundred day moving average of $21.60.

Simplify Enhanced Income ETF Company Profile

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.