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 the month of February. As of February 13th, there was short interest totaling 2,707 shares, a decrease of 88.4% from the January 29th total of 23,417 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 39,446 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 39,446 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Simplify Target 15 Distribution ETF Trading Down 0.6%

Shares of NYSEARCA XV traded down $0.16 during trading on Friday, reaching $24.79. The company had a trading volume of 38,113 shares, compared to its average volume of 41,275. The company’s fifty day moving average price is $25.37 and its 200-day moving average price is $26.23. Simplify Target 15 Distribution ETF has a 12 month low of $24.31 and a 12 month high of $27.47.

Institutional Trading of Simplify Target 15 Distribution ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CreativeOne Wealth LLC bought a new stake in shares of Simplify Target 15 Distribution ETF in the 2nd quarter valued at $3,280,000. Principal Securities Inc. lifted its holdings in Simplify Target 15 Distribution ETF by 746.4% in the fourth quarter. Principal Securities Inc. now owns 79,106 shares of the company’s stock valued at $2,007,000 after buying an additional 69,760 shares during the period. Claris Financial LLC bought a new stake in Simplify Target 15 Distribution ETF during the fourth quarter valued at $898,000. Brookwood Investment Group LLC bought a new position in shares of Simplify Target 15 Distribution ETF in the 3rd quarter worth about $859,000. Finally, Millington Financial Advisors LLC acquired a new position in shares of Simplify Target 15 Distribution ETF in the 4th quarter valued at about $664,000.

About Simplify Target 15 Distribution ETF

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.