Simplify National Muni Bond ETF (NYSEARCA:NMB) Short Interest Up 57.5% in December

Simplify National Muni Bond ETF (NYSEARCA:NMBGet Free Report) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 8,098 shares, a growth of 57.5% from the November 30th total of 5,143 shares. Based on an average daily trading volume, of 4,298 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 4,298 shares, the days-to-cover ratio is presently 1.9 days.

Hedge Funds Weigh In On Simplify National Muni Bond ETF

A hedge fund recently bought a new stake in Simplify National Muni Bond ETF stock. Kestra Private Wealth Services LLC acquired a new stake in Simplify National Muni Bond ETF (NYSEARCA:NMBFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,394 shares of the company’s stock, valued at approximately $287,000. Kestra Private Wealth Services LLC owned about 0.59% of Simplify National Muni Bond ETF as of its most recent SEC filing.

Simplify National Muni Bond ETF Stock Down 0.5%

NMB opened at $25.07 on Monday. Simplify National Muni Bond ETF has a 12-month low of $21.84 and a 12-month high of $26.14. The firm’s fifty day moving average price is $25.44 and its 200 day moving average price is $24.97.

Simplify National Muni Bond ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, November 21st.

About Simplify National Muni Bond ETF

(Get Free Report)

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.

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