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

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 12,946 shares, an increase of 161.1% from the August 15th total of 4,958 shares. Based on an average daily volume of 42,881 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Trading of Simplify Bitcoin Strategy PLUS Income ETF

A number of large investors have recently added to or reduced their stakes in the business. Authentikos Wealth Advisory LLC bought a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF in the fourth quarter valued at $1,159,000. Mid American Wealth Advisory Group Inc. grew its holdings in shares of Simplify Bitcoin Strategy PLUS Income ETF by 315.0% in the 2nd quarter. Mid American Wealth Advisory Group Inc. now owns 73,431 shares of the company’s stock worth $609,000 after acquiring an additional 55,738 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF in the 2nd quarter worth $569,000. Nwam LLC acquired a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF during the second quarter worth $281,000. Finally, Orion Porfolio Solutions LLC acquired a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF during the second quarter worth $287,000.

Simplify Bitcoin Strategy PLUS Income ETF Trading Up 0.4%

Shares of MAXI stock opened at $13.24 on Friday. Simplify Bitcoin Strategy PLUS Income ETF has a 1 year low of $8.22 and a 1 year high of $32.28. The business’s fifty day moving average is $10.67 and its 200-day moving average is $10.35.

Simplify Bitcoin Strategy PLUS Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, August 31st. Stockholders of record on Wednesday, August 26th were given a dividend of $0.05 per share. The ex-dividend date was Wednesday, August 26th.

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.