Short Interest in Simplify Treasury Option Income ETF (NYSEARCA:BUCK) Expands By 22.5%

Simplify Treasury Option Income ETF (NYSEARCA:BUCK) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 332,342 shares, a growth of 22.5% from the March 31st total of 271,229 shares. Based on an average trading volume of 155,549 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BUCK. NBC Securities Inc. acquired a new stake in shares of Simplify Treasury Option Income ETF in the fourth quarter valued at $42,000. CWM LLC increased its stake 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 buying an additional 1,779 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Simplify Treasury Option Income ETF in the second quarter valued at $48,000. Hollencrest Capital Management acquired a new stake in shares of Simplify Treasury Option Income ETF in the fourth quarter valued at $50,000. Finally, Sound Income Strategies LLC increased its stake in shares of Simplify Treasury Option Income ETF by 360.7% in the fourth quarter. Sound Income Strategies LLC now owns 2,124 shares of the company’s stock valued at $51,000 after buying an additional 1,663 shares in the last quarter.

Simplify Treasury Option Income ETF Stock Performance

Simplify Treasury Option Income ETF stock traded up $0.01 during mid-day trading on Friday, hitting $23.50. 118,813 shares of the company were exchanged, compared to its average volume of 188,374. The business has a fifty day moving average of $23.59 and a 200 day moving average of $23.72. Simplify Treasury Option Income ETF has a 1-year low of $23.28 and a 1-year high of $24.10.

Simplify Treasury Option Income ETF Company Profile

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.