Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sees Large Increase in Short Interest

by · The Markets Daily

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Financial Enhancement Group LLC acquired a new position in shares of Simplify Aggregate Bond ETF during the third quarter worth approximately $5,619,000. Gradient Investments LLC acquired a new stake in shares of Simplify Aggregate Bond ETF in the third quarter worth $38,552,000. Wealth Enhancement Trust Services Inc. acquired a new stake in shares of Simplify Aggregate Bond ETF in the third quarter worth $97,000. Envestnet Portfolio Solutions Inc. increased its position in Simplify Aggregate Bond ETF by 9.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 209,964 shares of the company’s stock worth $4,235,000 after acquiring an additional 18,866 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Simplify Aggregate Bond ETF by 12.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,350,119 shares of the company’s stock worth $27,232,000 after acquiring an additional 153,424 shares during the period.

Simplify Aggregate Bond ETF Price Performance

NYSEARCA AGGH opened at $19.05 on Wednesday. Simplify Aggregate Bond ETF has a twelve month low of $18.73 and a twelve month high of $21.02. The stock has a 50-day simple moving average of $19.51 and a 200 day simple moving average of $19.97.

About Simplify Aggregate Bond ETF

(Get Free Report)

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.

Further Reading