Simplify Opportunistic Income ETF (NYSEARCA:CRDT) Short Interest Up 546.7% in August

Simplify Opportunistic Income ETF (NYSEARCA:CRDT) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 97 shares, an increase of 546.7% from the July 30th total of 15 shares. Based on an average daily volume of 21,587 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Simplify Opportunistic Income ETF Trading Up 0.4%

Shares of Simplify Opportunistic Income ETF stock opened at $23.57 on Wednesday. The firm has a market capitalization of $36.53 million, a PE ratio of 9.33 and a beta of 0.15. The firm’s 50 day moving average is $23.38 and its 200 day moving average is $23.18. Simplify Opportunistic Income ETF has a 1 year low of $21.69 and a 1 year high of $24.15.

Institutional Trading of Simplify Opportunistic Income ETF

Hedge funds have recently added to or reduced their stakes in the stock. Continuum Advisory LLC increased its holdings in shares of Simplify Opportunistic Income ETF by 3.3% during the second quarter. Continuum Advisory LLC now owns 446,026 shares of the company’s stock worth $10,493,000 after buying an additional 14,316 shares in the last quarter. Ascension Capital Advisors Inc. grew its position in Simplify Opportunistic Income ETF by 0.5% during the 1st quarter. Ascension Capital Advisors Inc. now owns 639,001 shares of the company’s stock worth $14,396,000 after acquiring an additional 3,087 shares during the last quarter. Focus Partners Wealth bought a new stake in Simplify Opportunistic Income ETF during the 4th quarter worth $6,442,000. Principal Securities Inc. increased its holdings in Simplify Opportunistic Income ETF by 7.1% in the 4th quarter. Principal Securities Inc. now owns 23,703 shares of the company’s stock worth $553,000 after purchasing an additional 1,573 shares in the last quarter. Finally, Lloyd Advisory Services LLC. acquired a new position in Simplify Opportunistic Income ETF in the 4th quarter worth about $141,000.

Simplify Opportunistic Income ETF Company Profile

The Simplify Opportunistic Income ETF (CRDT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds various fixed income securities from developed markets. The fund has no maturity and credit rating limitation CRDT was launched on Jun 26, 2023 and is managed by Simplify.