Simplify National Muni Bond ETF (NYSEARCA:NMB) Short Interest Update

Simplify National Muni Bond ETF (NYSEARCA:NMB) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 8,098 shares, an increase of 57.5% from the November 30th total of 5,143 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 4,298 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 4,298 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Simplify National Muni Bond ETF stock. Goldman Sachs Group Inc. lifted its position in shares of Simplify National Muni Bond ETF (NYSEARCA:NMB) by 0.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 200,742 shares of the company’s stock after acquiring an additional 742 shares during the quarter. Goldman Sachs Group Inc. owned approximately 6.08% 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 Performance

Shares of NYSEARCA:NMB opened at $25.09 on Wednesday. The company’s fifty day moving average is $25.41 and its 200-day moving average is $24.98. Simplify National Muni Bond ETF has a 52 week low of $21.84 and a 52 week high of $26.14.

Simplify National Muni Bond ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $0.60 annualized dividend and a dividend yield of 2.4%.

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.