Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Short Interest Update
by Renee Jackson · The Cerbat GemSimplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM – Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 6,369 shares, an increase of 2,340.2% from the March 15th total of 261 shares. Based on an average daily trading volume, of 5,709 shares, the short-interest ratio is currently 1.1 days. Approximately 0.5% of the company’s shares are sold short.
Simplify Gamma Emerging Market Bond ETF Stock Performance
Simplify Gamma Emerging Market Bond ETF stock remained flat at $26.58 during mid-day trading on Friday. The company had a trading volume of 6,329 shares, compared to its average volume of 12,234. The company has a fifty day moving average price of $26.42 and a 200 day moving average price of $26.55. Simplify Gamma Emerging Market Bond ETF has a twelve month low of $24.44 and a twelve month high of $27.07.
Simplify Gamma Emerging Market Bond ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.14 per share. This is an increase from Simplify Gamma Emerging Market Bond ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Tuesday, February 24th.
Hedge Funds Weigh In On Simplify Gamma Emerging Market Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Guerra Advisors Inc bought a new position in Simplify Gamma Emerging Market Bond ETF in the third quarter valued at approximately $81,000. Lloyd Advisory Services LLC. bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the fourth quarter worth $122,000. Decker Retirement Planning Inc. bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the third quarter worth $163,000. Blackston Financial Advisory Group LLC bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the third quarter worth $223,000. Finally, Networth Advisors LLC bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF during the fourth quarter worth $245,000.
Simplify Gamma Emerging Market Bond ETF Company Profile
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.