Simplify Treasury Option Income ETF (NYSEARCA:BUCK) Short Interest Up 38.6% in February

Simplify Treasury Option Income ETF (NYSEARCA:BUCK) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 369,568 shares, a growth of 38.6% from the February 12th total of 266,555 shares. Based on an average trading volume of 176,438 shares, the days-to-cover ratio is currently 2.1 days. Currently, 2.2% of the company’s shares are sold short. Currently, 2.2% of the company’s shares are sold short. Based on an average trading volume of 176,438 shares, the days-to-cover ratio is currently 2.1 days.

Simplify Treasury Option Income ETF Stock Down 0.1%

Shares of NYSEARCA:BUCK traded down $0.02 on Friday, hitting $23.61. 161,006 shares of the company’s stock were exchanged, compared to its average volume of 219,774. Simplify Treasury Option Income ETF has a 12 month low of $22.88 and a 12 month high of $24.80. The business’s 50 day simple moving average is $23.71 and its two-hundred day simple moving average is $23.79.

Simplify Treasury Option Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a $0.14 dividend. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend was Tuesday, February 24th.

Hedge Funds Weigh In On Simplify Treasury Option Income ETF

A number of institutional investors have recently modified their holdings of BUCK. NBC Securities Inc. purchased a new stake in shares of Simplify Treasury Option Income ETF in the 4th quarter worth $42,000. CWM LLC raised its holdings in shares of Simplify Treasury Option Income ETF by 1,210.2% in the fourth quarter. CWM LLC now owns 1,926 shares of the company’s stock valued at $46,000 after acquiring an additional 1,779 shares in the last quarter. PNC Financial Services Group Inc. purchased a new stake in Simplify Treasury Option Income ETF in the second quarter worth about $47,000. Raymond James Financial Inc. purchased a new stake in Simplify Treasury Option Income ETF in the second quarter worth about $48,000. Finally, Hollencrest Capital Management bought a new position in Simplify Treasury Option Income ETF during the 4th quarter worth about $50,000.

About Simplify Treasury Option Income ETF

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.