Simplify NEXT Intangible Core Index ETF (BATS:NXTI) Short Interest Update

Simplify NEXT Intangible Core Index ETF (BATS:NXTI) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 364 shares, a decline of 65.5% from the April 15th total of 1,055 shares. Based on an average daily volume of 2,103 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.7% of the company’s shares are sold short.

Simplify NEXT Intangible Core Index ETF Stock Performance

NXTI opened at $32.71 on Friday. Simplify NEXT Intangible Core Index ETF has a 1 year low of $29.10 and a 1 year high of $33.54. The firm has a 50 day moving average price of $30.72 and a 200 day moving average price of $31.60. The company has a market cap of $1.64 million, a PE ratio of 28.02 and a beta of 0.86.

Institutional Investors Weigh In On Simplify NEXT Intangible Core Index ETF

An institutional investor recently raised its position in Simplify NEXT Intangible Core Index ETF stock. OLD Mission Capital LLC grew its holdings in Simplify NEXT Intangible Core Index ETF (BATS:NXTI) by 15.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,012 shares of the company’s stock after acquiring an additional 2,048 shares during the period. OLD Mission Capital LLC owned about 30.02% of Simplify NEXT Intangible Core Index ETF worth $488,000 as of its most recent SEC filing.

About Simplify NEXT Intangible Core Index ETF

The Simplify Next Intangible Core Index ETF (NXTI) is an exchange-traded fund that is based on the Next Intangible Core index. The fund tracks a market cap-weighted index of 200 US companies that exhibit high intangible capital-to-book assets ratios within their respective sector. The fund seeks to outperform traditional market-cap indexes. NXTI was launched on Apr 15, 2024 and is issued by Simplify.