Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) Stock Short Interest Report for October

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,528 shares, a decrease of 79.9% from the September 30th total of 17,548 shares. Based on an average daily trading volume, of 22,645 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Simplify Bitcoin Strategy PLUS Income ETF Trading Down 1.8%

MAXI traded down $0.24 during trading on Thursday, hitting $13.42. 13,404 shares of the stock traded hands, compared to its average volume of 30,372. Simplify Bitcoin Strategy PLUS Income ETF has a 12-month low of $8.22 and a 12-month high of $25.25. The firm has a 50-day moving average of $14.22 and a 200 day moving average of $11.40.

Simplify Bitcoin Strategy PLUS Income ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 27th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, October 27th.

Institutional Trading of Simplify Bitcoin Strategy PLUS Income ETF

Large investors have recently modified their holdings of the business. Mather Group LLC. purchased a new position in Simplify Bitcoin Strategy PLUS Income ETF during the 3rd quarter valued at about $63,000. Mid American Wealth Advisory Group Inc. lifted its holdings in Simplify Bitcoin Strategy PLUS Income ETF by 14.5% in the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 84,042 shares of the company’s stock worth $1,263,000 after buying an additional 10,611 shares during the period. Nwam LLC purchased a new stake in Simplify Bitcoin Strategy PLUS Income ETF in the 2nd quarter worth approximately $281,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF during the second quarter valued at approximately $569,000.

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.