Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) Short Interest Update

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 17,557 shares, a drop of 36.1% from the June 15th total of 27,479 shares. Based on an average daily trading volume, of 20,331 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Trading of Simplify Bitcoin Strategy PLUS Income ETF

Several large investors have recently modified their holdings of MAXI. Cambridge Advisors Inc. lifted its stake in shares of Simplify Bitcoin Strategy PLUS Income ETF by 4.2% in the first quarter. Cambridge Advisors Inc. now owns 32,732 shares of the company’s stock worth $312,000 after acquiring an additional 1,330 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the 4th quarter valued at approximately $1,159,000. Mid American Wealth Advisory Group Inc. grew its stake in Simplify Bitcoin Strategy PLUS Income ETF by 32.5% during the 4th quarter. Mid American Wealth Advisory Group Inc. now owns 17,693 shares of the company’s stock valued at $253,000 after purchasing an additional 4,341 shares in the last quarter. Osaic Holdings Inc. purchased a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the 2nd quarter worth approximately $57,000. Finally, Orion Porfolio Solutions LLC purchased a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the 2nd quarter worth approximately $287,000.

Simplify Bitcoin Strategy PLUS Income ETF Trading Down 0.2%

Shares of NASDAQ MAXI traded down $0.02 during trading on Friday, reaching $9.20. 9,566 shares of the stock were exchanged, compared to its average volume of 33,523. The business’s 50-day moving average price is $9.67 and its 200 day moving average price is $11.01. Simplify Bitcoin Strategy PLUS Income ETF has a twelve month low of $8.22 and a twelve month high of $35.88.

Simplify Bitcoin Strategy PLUS Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.08 dividend. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend was Thursday, June 25th.

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.