Simplify National Muni Bond ETF (NYSEARCA:NMB) Stock Short Interest Report for October

Simplify National Muni Bond ETF (NYSEARCA:NMB) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 334 shares, a growth of 1,987.5% from the September 30th total of 16 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,745 shares, the days-to-cover ratio is currently 0.1 days.

Simplify National Muni Bond ETF Stock Up 0.5%

NMB stock traded up $0.13 during trading hours on Monday, hitting $23.87. 985 shares of the stock were exchanged, compared to its average volume of 4,057. Simplify National Muni Bond ETF has a 12 month low of $22.66 and a 12 month high of $26.14. The company has a 50-day simple moving average of $23.65 and a two-hundred day simple moving average of $24.40.

Hedge Funds Weigh In On Simplify National Muni Bond ETF

A hedge fund recently bought a new position in Simplify National Muni Bond ETF stock. Wedbush Securities Inc. acquired a new position in Simplify National Muni Bond ETF (NYSEARCA:NMB) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 10,828 shares of the company’s stock, valued at approximately $250,000. Wedbush Securities Inc. owned approximately 0.55% of Simplify National Muni Bond ETF as of its most recent SEC filing.

About Simplify National Muni Bond ETF

The Simplify National Muni Bond ETF (NMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that predominantly invests in investment grade, tax-exempt US municipal bonds while utilizing a multi-asset option spread writing strategy. The fund seeks to provide income, and secondarily, capital appreciation. NMB was launched on Sep 9, 2024 and is issued by Simplify.