Simplify National Muni Bond ETF (NYSEARCA:NMB) Short Interest Up 87.2% in October

Simplify National Muni Bond ETF (NYSEARCA:NMB) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 8,800 shares, a growth of 87.2% from the September 30th total of 4,700 shares. Based on an average trading volume of 4,000 shares, the short-interest ratio is presently 2.2 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 4,000 shares, the short-interest ratio is presently 2.2 days.

Institutional Trading of Simplify National Muni Bond ETF

A hedge fund recently raised its stake in Simplify National Muni Bond ETF stock. Goldman Sachs Group Inc. increased its position in shares of Simplify National Muni Bond ETF (NYSEARCA:NMB) by 0.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 200,742 shares of the company’s stock after purchasing an additional 742 shares during the period. Goldman Sachs Group Inc. owned about 5.61% of Simplify National Muni Bond ETF worth $4,539,000 at the end of the most recent reporting period.

Simplify National Muni Bond ETF Stock Up 0.4%

Shares of NYSEARCA NMB opened at $25.79 on Friday. The business’s 50 day moving average is $25.26 and its two-hundred day moving average is $24.81. Simplify National Muni Bond ETF has a 12 month low of $21.84 and a 12 month high of $26.14.

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.