Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Stock Short Interest Rises 177.7%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 54,509 shares, an increase of 177.7% from the September 15th total of 19,628 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 366,436 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Simplify Aggregate Bond ETF

A number of institutional investors have recently modified their holdings of AGGH. Gradient Investments LLC acquired a new stake in shares of Simplify Aggregate Bond ETF during the 3rd quarter worth $38,552,000. Financial Enhancement Group LLC bought a new position in shares of Simplify Aggregate Bond ETF in the third quarter worth $5,619,000. Simplify Asset Management Inc. increased its position in shares of Simplify Aggregate Bond ETF by 13.4% in the first quarter. Simplify Asset Management Inc. now owns 2,109,127 shares of the company’s stock worth $42,921,000 after purchasing an additional 250,000 shares during the period. Envestnet Asset Management Inc. raised its stake in Simplify Aggregate Bond ETF by 12.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,350,119 shares of the company’s stock valued at $27,232,000 after purchasing an additional 153,424 shares in the last quarter. Finally, IFS Group LLC acquired a new position in Simplify Aggregate Bond ETF in the first quarter valued at about $2,844,000.

Simplify Aggregate Bond ETF Trading Up 0.0%

NYSEARCA:AGGH traded up $0.01 during trading hours on Monday, reaching $18.98. 31,458 shares of the company were exchanged, compared to its average volume of 239,858. Simplify Aggregate Bond ETF has a 1-year low of $18.73 and a 1-year high of $21.02. The business has a 50 day moving average of $19.54 and a 200 day moving average of $19.99.

Simplify Aggregate Bond ETF Company Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.