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 growth in short interest in June. As of June 30th, there was short interest totalling 6,900 shares, a growth of 1,050.0% from the June 15th total of 600 shares. Based on an average daily volume of 17,100 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Simplify Bitcoin Strategy PLUS Income ETF

An institutional investor recently bought a new position in Simplify Bitcoin Strategy PLUS Income ETF stock. Cambridge Advisors Inc. bought a new stake in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,230 shares of the company’s stock, valued at approximately $196,000. Cambridge Advisors Inc. owned 0.58% of Simplify Bitcoin Strategy PLUS Income ETF as of its most recent filing with the Securities and Exchange Commission.

Simplify Bitcoin Strategy PLUS Income ETF Price Performance

Shares of Simplify Bitcoin Strategy PLUS Income ETF stock traded up $0.25 during midday trading on Friday, hitting $24.41. 9,525 shares of the company were exchanged, compared to its average volume of 30,802. The firm has a 50 day simple moving average of $27.59 and a 200-day simple moving average of $25.70. Simplify Bitcoin Strategy PLUS Income ETF has a 52 week low of $14.40 and a 52 week high of $32.41.

Simplify Bitcoin Strategy PLUS Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Tuesday, June 25th were paid a $0.15 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date was Tuesday, 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.