Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Short Interest Down 34.3% in June

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 101,421 shares, a decrease of 34.3% from the May 31st total of 154,450 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 132,231 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of Simplify Aggregate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Key Capital Management INC bought a new position in Simplify Aggregate Bond ETF in the 4th quarter worth about $3,077,000. Networth Advisors LLC bought a new stake in Simplify Aggregate Bond ETF during the 4th quarter valued at about $672,000. Elevated Capital Advisors LLC raised its holdings in Simplify Aggregate Bond ETF by 22.4% in the fourth quarter. Elevated Capital Advisors LLC now owns 233,476 shares of the company’s stock worth $4,833,000 after buying an additional 42,798 shares during the last quarter. FSA Advisors Inc. purchased a new position in Simplify Aggregate Bond ETF in the fourth quarter worth about $1,891,000. Finally, Prevail Innovative Wealth Advisors LLC bought a new position in shares of Simplify Aggregate Bond ETF in the fourth quarter worth approximately $2,706,000.

Simplify Aggregate Bond ETF Price Performance

Shares of NYSEARCA AGGH opened at $20.18 on Friday. Simplify Aggregate Bond ETF has a fifty-two week low of $19.98 and a fifty-two week high of $21.02. The company has a 50 day simple moving average of $20.25 and a two-hundred day simple moving average of $20.52.

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.