Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Sees Large Increase in Short Interest

by · The Cerbat Gem

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM – Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 12,199 shares, a growth of 281.5% from the December 15th total of 3,198 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 9,543 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 9,543 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.9% of the company’s stock are sold short.

Simplify Gamma Emerging Market Bond ETF Stock Down 0.0%

Shares of Simplify Gamma Emerging Market Bond ETF stock traded down $0.01 during midday trading on Tuesday, reaching $26.70. 5,836 shares of the company’s stock traded hands, compared to its average volume of 8,014. The company’s 50 day simple moving average is $26.64 and its 200 day simple moving average is $26.39. Simplify Gamma Emerging Market Bond ETF has a 52 week low of $24.40 and a 52 week high of $27.07.

Simplify Gamma Emerging Market Bond ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, November 21st.

Institutional Trading of Simplify Gamma Emerging Market Bond ETF

Several large investors have recently made changes to their positions in the stock. Blackston Financial Advisory Group LLC acquired a new stake in shares of Simplify Gamma Emerging Market Bond ETF in the third quarter worth $223,000. Beacon Capital Management LLC bought a new stake in shares of Simplify Gamma Emerging Market Bond ETF in the third quarter valued at about $3,313,000. B.O.S.S. Retirement Advisors LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF during the third quarter worth about $281,000. Authentikos Wealth Advisory LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF during the third quarter worth about $507,000. Finally, Guerra Advisors Inc bought a new position in Simplify Gamma Emerging Market Bond ETF during the third quarter valued at about $81,000.

About Simplify Gamma Emerging Market Bond ETF

(Get Free Report)

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.

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