Simplify National Muni Bond ETF (NYSEARCA:NMB) Short Interest Down 51.2% in April

Simplify National Muni Bond ETF (NYSEARCA:NMB) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 7,183 shares, a decrease of 51.2% from the April 15th total of 14,722 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 2,657 shares, the short-interest ratio is currently 2.7 days.

Simplify National Muni Bond ETF Stock Performance

Shares of Simplify National Muni Bond ETF stock traded down $0.14 during trading on Friday, reaching $24.36. 549 shares of the stock were exchanged, compared to its average volume of 3,521. The stock’s fifty day moving average is $24.45 and its 200 day moving average is $24.89. Simplify National Muni Bond ETF has a 1 year low of $23.84 and a 1 year high of $26.14.

Institutional Trading of Simplify National Muni Bond ETF

A number of institutional investors have recently modified their holdings of NMB. Kestra Private Wealth Services LLC purchased a new stake in shares of Simplify National Muni Bond ETF during the third quarter worth about $287,000. Principal Securities Inc. boosted its holdings in shares of Simplify National Muni Bond ETF by 977.6% during the fourth quarter. Principal Securities Inc. now owns 13,330 shares of the company’s stock worth $333,000 after purchasing an additional 12,093 shares during the period. Jane Street Group LLC purchased a new stake in Simplify National Muni Bond ETF in the fourth quarter worth about $361,000. Finally, Goldman Sachs Group Inc. lifted its holdings in Simplify National Muni Bond ETF by 0.4% in the first quarter. Goldman Sachs Group Inc. now owns 200,742 shares of the company’s stock worth $4,539,000 after buying an additional 742 shares during the period.

About Simplify National Muni Bond ETF

The Simplify National Muni Bond ETF (NMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that predominantly invests in investment grade, tax-exempt US municipal bonds while utilizing a multi-asset option spread writing strategy. The fund seeks to provide income, and secondarily, capital appreciation. NMB was launched on Sep 9, 2024 and is issued by Simplify.