Simplify National Muni Bond ETF (NYSEARCA:NMB – Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 7,183 shares, a drop of 51.2% from the April 15th total of 14,722 shares. Based on an average daily volume of 2,657 shares, the short-interest ratio is currently 2.7 days. Approximately 0.4% of the company’s stock are sold short.
Hedge Funds Weigh In On Simplify National Muni Bond ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Kestra Private Wealth Services LLC increased its stake in shares of Simplify National Muni Bond ETF by 4.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 11,914 shares of the company’s stock valued at $298,000 after purchasing an additional 520 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Simplify National Muni Bond ETF by 0.4% during the first quarter. Goldman Sachs Group Inc. now owns 200,742 shares of the company’s stock valued at $4,539,000 after purchasing an additional 742 shares in the last quarter. Principal Securities Inc. increased its stake in shares of 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 valued at $333,000 after purchasing an additional 12,093 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Simplify National Muni Bond ETF during the fourth quarter valued at approximately $361,000.
Simplify National Muni Bond ETF Price Performance
Shares of NYSEARCA NMB traded down $0.14 on Friday, reaching $24.36. 549 shares of the company’s stock traded hands, compared to its average volume of 3,521. Simplify National Muni Bond ETF has a 12 month low of $23.84 and a 12 month high of $26.14. The business’s 50 day simple moving average is $24.45 and its two-hundred day simple moving average is $24.89.
Simplify National Muni Bond ETF Company Profile
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.
Read More
- Five stocks we like better than Simplify National Muni Bond ETF
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for Simplify National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
