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

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 892 shares, a drop of 97.4% from the January 29th total of 33,827 shares. Based on an average trading volume of 67,901 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 67,901 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Simplify Bitcoin Strategy PLUS Income ETF

A number of large investors have recently modified their holdings of MAXI. Orion Porfolio Solutions LLC acquired a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF in the 2nd quarter worth approximately $287,000. Osaic Holdings Inc. purchased a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the second quarter worth $57,000. Cambridge Advisors Inc. grew its holdings in Simplify Bitcoin Strategy PLUS Income ETF by 9.9% in the third quarter. Cambridge Advisors Inc. now owns 21,454 shares of the company’s stock valued at $596,000 after purchasing an additional 1,930 shares during the last quarter. Mid American Wealth Advisory Group Inc. increased its position in shares of Simplify Bitcoin Strategy PLUS Income ETF by 29.6% in the third quarter. Mid American Wealth Advisory Group Inc. now owns 13,352 shares of the company’s stock valued at $371,000 after buying an additional 3,049 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF in the third quarter valued at $810,000.

Simplify Bitcoin Strategy PLUS Income ETF Stock Up 8.7%

Shares of MAXI stock traded up $0.83 during mid-day trading on Wednesday, hitting $10.41. The stock had a trading volume of 40,429 shares, compared to its average volume of 50,949. The company’s 50-day simple moving average is $13.37 and its 200-day simple moving average is $20.75. Simplify Bitcoin Strategy PLUS Income ETF has a fifty-two week low of $9.32 and a fifty-two week high of $36.34.

Simplify Bitcoin Strategy PLUS Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th were issued a $0.10 dividend. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend was Tuesday, January 27th.

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.