Short Interest in Simplify Treasury Option Income ETF (NYSEARCA:BUCK) Increases By 38.6%

Simplify Treasury Option Income ETF (NYSEARCA:BUCK) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 369,568 shares, a growth of 38.6% from the February 12th total of 266,555 shares. Based on an average daily volume of 176,438 shares, the short-interest ratio is currently 2.1 days. Approximately 2.2% of the shares of the stock are sold short. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily volume of 176,438 shares, the short-interest ratio is currently 2.1 days.

Institutional Investors Weigh In On Simplify Treasury Option Income ETF

A number of institutional investors have recently made changes to their positions in the business. Key Capital Management INC bought a new stake in Simplify Treasury Option Income ETF in the fourth quarter worth $4,534,000. Howard Bailey Securities LLC purchased a new stake in shares of Simplify Treasury Option Income ETF during the fourth quarter valued at approximately $3,688,000. AE Wealth Management LLC increased its stake in shares of Simplify Treasury Option Income ETF by 12.6% in the fourth quarter. AE Wealth Management LLC now owns 1,164,244 shares of the company’s stock worth $27,598,000 after buying an additional 130,601 shares during the period. Envestnet Asset Management Inc. raised its holdings in Simplify Treasury Option Income ETF by 193.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 196,052 shares of the company’s stock valued at $4,635,000 after buying an additional 129,312 shares during the last quarter. Finally, FSA Advisors Inc. bought a new stake in Simplify Treasury Option Income ETF during the 4th quarter valued at $2,854,000.

Simplify Treasury Option Income ETF Stock Down 0.1%

Shares of BUCK stock opened at $23.61 on Monday. The business has a 50-day moving average price of $23.71 and a two-hundred day moving average price of $23.79. Simplify Treasury Option Income ETF has a 12-month low of $22.88 and a 12-month high of $24.80.

Simplify Treasury Option Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were paid a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 7.1%.

Simplify Treasury Option Income ETF Company Profile

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.