Simplify National Muni Bond ETF (NYSEARCA:NMB) Short Interest Update

Simplify National Muni Bond ETF (NYSEARCA:NMB) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 2,618 shares, a decrease of 68.9% from the January 29th total of 8,415 shares. Based on an average trading volume of 3,699 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 3,699 shares, the short-interest ratio is presently 0.7 days.

Simplify National Muni Bond ETF Price Performance

NMB stock traded up $0.01 during mid-day trading on Thursday, reaching $24.76. 436 shares of the company traded hands, compared to its average volume of 2,914. Simplify National Muni Bond ETF has a fifty-two week low of $21.84 and a fifty-two week high of $26.14. The firm’s 50 day moving average price is $24.93 and its 200 day moving average price is $25.10.

Simplify National Muni Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th will be paid a dividend of $0.13 per share. The ex-dividend date is Tuesday, February 24th. This represents a c) annualized dividend and a yield of 6.3%.

Institutional Investors Weigh In On Simplify National Muni Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in shares of Simplify National Muni Bond ETF by 0.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 200,742 shares of the company’s stock worth $4,539,000 after purchasing an additional 742 shares during the period. Jane Street Group LLC purchased a new stake in Simplify National Muni Bond ETF during the fourth quarter worth about $361,000. Principal Securities Inc. increased its holdings in Simplify National Muni Bond ETF by 977.6% during the fourth quarter. Principal Securities Inc. now owns 13,330 shares of the company’s stock worth $333,000 after buying an additional 12,093 shares during the last quarter. Finally, Kestra Private Wealth Services LLC bought a new stake in Simplify National Muni Bond ETF in the third quarter worth about $287,000.

About Simplify National Muni Bond ETF

The Simplify National Muni Bond ETF (NMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that predominantly invests in investment grade, tax-exempt US municipal bonds while utilizing a multi-asset option spread writing strategy. The fund seeks to provide income, and secondarily, capital appreciation. NMB was launched on Sep 9, 2024 and is issued by Simplify.