Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) Short Interest Down 30.3% in November

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 16,300 shares, a decline of 30.3% from the November 15th total of 23,400 shares. Based on an average daily volume of 39,900 shares, the short-interest ratio is presently 0.4 days.

Simplify Bitcoin Strategy PLUS Income ETF Trading Up 2.4 %

NASDAQ MAXI traded up $0.75 on Friday, hitting $32.28. 44,862 shares of the stock were exchanged, compared to its average volume of 31,131. The company’s 50-day moving average price is $26.86 and its two-hundred day moving average price is $25.53. Simplify Bitcoin Strategy PLUS Income ETF has a 52-week low of $17.20 and a 52-week high of $33.60.

Simplify Bitcoin Strategy PLUS Income ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 25th were paid a $2.00 dividend. The ex-dividend date was Monday, November 25th.

Institutional Investors Weigh In On Simplify Bitcoin Strategy PLUS Income ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Cambridge Advisors Inc. lifted its position in Simplify Bitcoin Strategy PLUS Income ETF by 14.3% during the 3rd quarter. Cambridge Advisors Inc. now owns 12,663 shares of the company’s stock worth $280,000 after acquiring an additional 1,589 shares during the last quarter. Jane Street Group LLC bought a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the third quarter worth about $389,000. Finally, Napa Wealth Management bought a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the third quarter worth about $447,000.

Simplify Bitcoin Strategy PLUS Income ETF Company Profile

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.