Simplify Treasury Option Income ETF (NYSEARCA:BUCK) Sees Large Decline in Short Interest

Simplify Treasury Option Income ETF (NYSEARCA:BUCK) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 294,894 shares, a decline of 20.2% from the February 26th total of 369,568 shares. Currently, 1.7% of the shares of the company are short sold. Based on an average daily trading volume, of 206,361 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On Simplify Treasury Option Income ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Straight Path Wealth Management increased its position in Simplify Treasury Option Income ETF by 2.3% during the 3rd quarter. Straight Path Wealth Management now owns 27,507 shares of the company’s stock worth $656,000 after purchasing an additional 612 shares during the period. RFG Advisory LLC lifted its holdings in shares of Simplify Treasury Option Income ETF by 4.3% in the 4th quarter. RFG Advisory LLC now owns 15,980 shares of the company’s stock valued at $379,000 after buying an additional 654 shares during the period. Encompass More Asset Management lifted its holdings in shares of Simplify Treasury Option Income ETF by 1.1% in the 4th quarter. Encompass More Asset Management now owns 110,138 shares of the company’s stock valued at $2,611,000 after buying an additional 1,184 shares during the period. Cambridge Advisors Inc. boosted its stake in shares of Simplify Treasury Option Income ETF by 4.3% in the third quarter. Cambridge Advisors Inc. now owns 31,623 shares of the company’s stock valued at $754,000 after buying an additional 1,307 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its stake in shares of Simplify Treasury Option Income ETF by 49.2% in the third quarter. Golden State Wealth Management LLC now owns 5,026 shares of the company’s stock valued at $120,000 after buying an additional 1,657 shares in the last quarter.

Simplify Treasury Option Income ETF Stock Performance

Shares of Simplify Treasury Option Income ETF stock opened at $23.50 on Monday. Simplify Treasury Option Income ETF has a one year low of $22.88 and a one year high of $24.71. The firm has a fifty day moving average of $23.67 and a two-hundred day moving average of $23.78.

Simplify Treasury Option Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.14 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Tuesday, February 24th.

About Simplify Treasury Option Income ETF

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.