Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) Sees Significant Growth in Short Interest

by · The Cerbat Gem

Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM – Get Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 3,318 shares, an increase of 489.3% from the April 15th total of 563 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 4,606 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Guerra Advisors Inc acquired a new position in Simplify Gamma Emerging Market Bond ETF during the 3rd quarter worth $81,000. Lloyd Advisory Services LLC. acquired a new position in Simplify Gamma Emerging Market Bond ETF during the 4th quarter worth $122,000. Decker Retirement Planning Inc. acquired a new position in Simplify Gamma Emerging Market Bond ETF during the 3rd quarter worth $163,000. Blackston Financial Advisory Group LLC acquired a new position in Simplify Gamma Emerging Market Bond ETF during the 3rd quarter worth $223,000. Finally, Networth Advisors LLC acquired a new position in Simplify Gamma Emerging Market Bond ETF during the 4th quarter worth $245,000.

Simplify Gamma Emerging Market Bond ETF Price Performance

GAEM stock remained flat at $26.67 during mid-day trading on Thursday. 12,363 shares of the company’s stock traded hands, compared to its average volume of 11,840. Simplify Gamma Emerging Market Bond ETF has a 52 week low of $25.31 and a 52 week high of $27.12. The stock’s fifty day moving average is $26.48 and its two-hundred day moving average is $26.61.

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.

Featured Stories