Short Interest in Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Increases By 191.5%

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 171,286 shares, an increase of 191.5% from the April 30th total of 58,760 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average trading volume of 204,398 shares, the days-to-cover ratio is presently 0.8 days.

Simplify Aggregate Bond ETF Stock Performance

Shares of AGGH opened at $20.26 on Monday. The company’s 50-day moving average price is $20.35 and its 200 day moving average price is $20.62. Simplify Aggregate Bond ETF has a 12-month low of $19.80 and a 12-month high of $21.02.

Institutional Trading of Simplify Aggregate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of AGGH. B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of Simplify Aggregate Bond ETF during the third quarter worth approximately $588,000. Key Capital Management INC purchased a new stake in shares of Simplify Aggregate Bond ETF during the fourth quarter worth approximately $3,077,000. Networth Advisors LLC purchased a new stake in shares of Simplify Aggregate Bond ETF during the fourth quarter worth approximately $672,000. Elevated Capital Advisors LLC increased its stake in shares of Simplify Aggregate Bond ETF by 22.4% during 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 period. Finally, AE Wealth Management LLC increased its stake in shares of Simplify Aggregate Bond ETF by 57.0% during the fourth quarter. AE Wealth Management LLC now owns 767,382 shares of the company’s stock worth $15,885,000 after buying an additional 278,738 shares during the period.

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.