Simplify Target 15 Distribution ETF (NYSEARCA:XV) Short Interest Update

Simplify Target 15 Distribution ETF (NYSEARCA:XV) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 23,417 shares, a decrease of 18.0% from the January 15th total of 28,556 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 76,515 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 76,515 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Investors Weigh In On Simplify Target 15 Distribution ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. CreativeOne Wealth LLC acquired a new stake in shares of Simplify Target 15 Distribution ETF during the second quarter worth about $3,280,000. Principal Securities Inc. increased its position in Simplify Target 15 Distribution ETF by 746.4% during the fourth quarter. Principal Securities Inc. now owns 79,106 shares of the company’s stock worth $2,007,000 after buying an additional 69,760 shares during the period. Brookwood Investment Group LLC acquired a new position in Simplify Target 15 Distribution ETF during the third quarter worth approximately $859,000. Millington Financial Advisors LLC purchased a new stake in Simplify Target 15 Distribution ETF in the fourth quarter valued at approximately $664,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Simplify Target 15 Distribution ETF in the third quarter valued at approximately $415,000.

Simplify Target 15 Distribution ETF Trading Up 0.1%

NYSEARCA:XV opened at $25.08 on Tuesday. Simplify Target 15 Distribution ETF has a 12-month low of $24.31 and a 12-month high of $27.47. The stock has a fifty day moving average price of $25.68 and a 200 day moving average price of $26.32.

Simplify Target 15 Distribution ETF Company Profile

The Simplify Target 15 Distribution ETF (XV) is an actively managed exchange-traded fund that seeks to provide a 15% annualized distribution rate, paid monthly. The fund employs a strategy of selling barrier put options based on the worst-performing of three reference indices: S&P 500, Nasdaq 100, and Russell 2000. This approach aims to generate higher income levels compared to traditional fixed-income products, with defined downside risk through barrier levels. The fund offers a unique source of monthly income differentiated from traditional fixed income or volatility selling strategies.