Simplify NEXT Intangible Core Index ETF (BATS:NXTI – Get Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 78 shares, an increase of 1,850.0% from the May 14th total of 4 shares. Based on an average trading volume of 166 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.
Simplify NEXT Intangible Core Index ETF Price Performance
Shares of BATS:NXTI traded down $0.32 on Tuesday, hitting $33.90. The company’s stock had a trading volume of 1,843 shares, compared to its average volume of 2,879. The company has a market capitalization of $1.70 million, a PE ratio of 28.02 and a beta of 0.86. Simplify NEXT Intangible Core Index ETF has a 1 year low of $29.10 and a 1 year high of $35.41. The company has a 50-day simple moving average of $31.93 and a 200 day simple moving average of $31.78.
Hedge Funds Weigh In On Simplify NEXT Intangible Core Index ETF
A hedge fund recently raised its stake in Simplify NEXT Intangible Core Index ETF stock. OLD Mission Capital LLC lifted its holdings in Simplify NEXT Intangible Core Index ETF (BATS:NXTI – Free Report) by 15.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,012 shares of the company’s stock after purchasing an additional 2,048 shares during the quarter. OLD Mission Capital LLC owned about 30.02% of Simplify NEXT Intangible Core Index ETF worth $488,000 as of its most recent SEC filing.
About Simplify NEXT Intangible Core Index ETF
The Simplify Next Intangible Core Index ETF (NXTI) is an exchange-traded fund that is based on the Next Intangible Core index. The fund tracks a market cap-weighted index of 200 US companies that exhibit high intangible capital-to-book assets ratios within their respective sector. The fund seeks to outperform traditional market-cap indexes. NXTI was launched on Apr 15, 2024 and is issued by Simplify.
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