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 decline in short interest in June. As of June 30th, there was short interest totaling 17,557 shares, a decline of 36.1% from the June 15th total of 27,479 shares. Based on an average daily trading volume, of 20,331 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.6% of the company’s stock are sold short.

Hedge Funds Weigh In On Simplify Bitcoin Strategy PLUS Income ETF

A number of large investors have recently added to or reduced their stakes in MAXI. Cambridge Advisors Inc. boosted its position in Simplify Bitcoin Strategy PLUS Income ETF by 4.2% during the 1st quarter. Cambridge Advisors Inc. now owns 32,732 shares of the company’s stock worth $312,000 after acquiring an additional 1,330 shares during the last quarter. Osaic Holdings Inc. acquired a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF in the second quarter valued at approximately $57,000. Mid American Wealth Advisory Group Inc. raised its holdings in shares of Simplify Bitcoin Strategy PLUS Income ETF by 32.5% in the fourth quarter. Mid American Wealth Advisory Group Inc. now owns 17,693 shares of the company’s stock valued at $253,000 after purchasing an additional 4,341 shares during the last quarter. Orion Porfolio Solutions LLC bought a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF in the second quarter worth $287,000. Finally, Authentikos Wealth Advisory LLC bought a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF in the fourth quarter worth $1,159,000.

Simplify Bitcoin Strategy PLUS Income ETF Trading Down 0.2%

Simplify Bitcoin Strategy PLUS Income ETF stock opened at $9.20 on Friday. The company has a 50 day moving average of $9.67 and a 200-day moving average of $11.01. Simplify Bitcoin Strategy PLUS Income ETF has a twelve month low of $8.22 and a twelve month high of $35.88.

Simplify Bitcoin Strategy PLUS Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.08 dividend. This represents a c) annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend was Thursday, June 25th.

About Simplify Bitcoin Strategy PLUS Income ETF

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.