Short Interest in Simplify Barrier Income ETF (NYSEARCA:SBAR) Drops By 93.9%

Simplify Barrier Income ETF (NYSEARCA:SBAR) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 2,276 shares, a drop of 93.9% from the February 26th total of 37,191 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 170,239 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 170,239 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Simplify Barrier Income ETF Stock Performance

Simplify Barrier Income ETF stock traded down $0.13 during midday trading on Tuesday, hitting $24.96. 46,665 shares of the company were exchanged, compared to its average volume of 185,544. Simplify Barrier Income ETF has a fifty-two week low of $24.57 and a fifty-two week high of $26.95. The company’s fifty day moving average price is $25.74 and its 200-day moving average price is $26.03.

Institutional Investors Weigh In On Simplify Barrier Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SBAR. Principal Securities Inc. boosted its holdings in Simplify Barrier Income ETF by 398.9% in the fourth quarter. Principal Securities Inc. now owns 437,425 shares of the company’s stock valued at $11,443,000 after purchasing an additional 349,743 shares during the last quarter. AE Wealth Management LLC increased its holdings in Simplify Barrier Income ETF by 13.2% during the 4th quarter. AE Wealth Management LLC now owns 435,647 shares of the company’s stock worth $11,397,000 after purchasing an additional 50,928 shares during the last quarter. Mid American Wealth Advisory Group Inc. raised its position in shares of Simplify Barrier Income ETF by 18.3% in the 4th quarter. Mid American Wealth Advisory Group Inc. now owns 390,670 shares of the company’s stock valued at $10,220,000 after purchasing an additional 60,345 shares in the last quarter. CreativeOne Wealth LLC raised its position in shares of Simplify Barrier Income ETF by 70.8% in the 4th quarter. CreativeOne Wealth LLC now owns 268,248 shares of the company’s stock valued at $7,017,000 after purchasing an additional 111,224 shares in the last quarter. Finally, Beacon Capital Management LLC purchased a new position in shares of Simplify Barrier Income ETF during the 3rd quarter valued at approximately $6,608,000.

Simplify Barrier Income ETF Company Profile

Simplify Exchange Traded Funds – Simplify Barrier Income ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc The fund invests in public equity and fixed income markets of global region. For its equity portion, it invests directly, through derivatives and through other funds in stocks of companies operating across consumer discretionary, communication services, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors.