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 decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,100 shares, a decrease of 22.5% from the February 28th total of 4,000 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 84,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Napa Wealth Management increased its position in shares of Simplify Bitcoin Strategy PLUS Income ETF by 187.0% during the 4th quarter. Napa Wealth Management now owns 58,033 shares of the company’s stock worth $1,551,000 after purchasing an additional 37,811 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF in the 3rd quarter valued at approximately $389,000. Orion Portfolio Solutions LLC bought a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF in the fourth quarter valued at $217,000. Finally, Cambridge Advisors Inc. increased its holdings in Simplify Bitcoin Strategy PLUS Income ETF by 16.6% during the fourth quarter. Cambridge Advisors Inc. now owns 14,763 shares of the company’s stock worth $395,000 after buying an additional 2,100 shares during the last quarter.

Simplify Bitcoin Strategy PLUS Income ETF Stock Up 3.6 %

Simplify Bitcoin Strategy PLUS Income ETF stock traded up $0.76 during mid-day trading on Wednesday, reaching $21.81. The company’s stock had a trading volume of 21,314 shares, compared to its average volume of 41,903. The business’s 50 day simple moving average is $24.63 and its 200 day simple moving average is $25.99. Simplify Bitcoin Strategy PLUS Income ETF has a 12 month low of $18.08 and a 12 month high of $35.77.

Simplify Bitcoin Strategy PLUS Income ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a $0.10 dividend. The ex-dividend date was Wednesday, March 26th.

About Simplify Bitcoin Strategy PLUS Income ETF

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.