Simplify National Muni Bond ETF (NYSEARCA:NMB) Short Interest Update

Simplify National Muni Bond ETF (NYSEARCA:NMB) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 2,618 shares, a decline of 68.9% from the January 29th total of 8,415 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,699 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 3,699 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s shares are sold short.

Simplify National Muni Bond ETF Trading Up 0.1%

Shares of NYSEARCA NMB traded up $0.01 during midday trading on Thursday, reaching $24.76. The company had a trading volume of 436 shares, compared to its average volume of 2,914. Simplify National Muni Bond ETF has a one year low of $21.84 and a one year high of $26.14. The firm’s fifty day moving average price is $24.93 and its 200-day moving average price is $25.10.

Simplify National Muni Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th will be given a $0.13 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Tuesday, February 24th.

Institutional Trading of Simplify National Muni Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC purchased a new stake in shares of Simplify National Muni Bond ETF in the 3rd quarter worth about $287,000. Principal Securities Inc. raised its stake in Simplify National Muni Bond ETF by 977.6% in the fourth quarter. Principal Securities Inc. now owns 13,330 shares of the company’s stock worth $333,000 after buying an additional 12,093 shares in the last quarter. 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.

Simplify National Muni Bond ETF Company Profile

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.