Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) Sees Significant Decrease in Short Interest

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 3,100 shares, a decline of 22.5% from the February 28th total of 4,000 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 84,000 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Simplify Bitcoin Strategy PLUS Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Orion Portfolio Solutions LLC acquired a new position in Simplify Bitcoin Strategy PLUS Income ETF in the 4th quarter worth $217,000. Jane Street Group LLC acquired a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF during the third quarter worth about $389,000. Cambridge Advisors Inc. grew its holdings in shares of 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 in the last quarter. Finally, Napa Wealth Management grew its holdings in shares of Simplify Bitcoin Strategy PLUS Income ETF by 187.0% during the fourth quarter. Napa Wealth Management now owns 58,033 shares of the company’s stock worth $1,551,000 after buying an additional 37,811 shares in the last quarter.

Simplify Bitcoin Strategy PLUS Income ETF Stock Up 3.6 %

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

Simplify Bitcoin Strategy PLUS Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid 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.