Short Interest in Simplify NEXT Intangible Core Index ETF (BATS:NXTI) Declines By 98.9%

Posted by Patrick Bannon on May 27th, 2026

Simplify NEXT Intangible Core Index ETF (BATS:NXTI – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 4 shares, a drop of 98.9% from the April 30th total of 364 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,657 shares, the days-to-cover ratio is presently 0.0 days.

Simplify NEXT Intangible Core Index ETF Trading Down 0.6%

NXTI stock traded down $0.19 during midday trading on Wednesday, hitting $33.53. The stock had a trading volume of 12 shares, compared to its average volume of 3,101. The firm has a market capitalization of $1.68 million, a price-to-earnings ratio of 28.02 and a beta of 0.86. Simplify NEXT Intangible Core Index ETF has a 52 week low of $29.10 and a 52 week high of $33.72. The stock has a 50-day simple moving average of $31.12 and a 200 day simple moving average of $31.62.

Hedge Funds Weigh In On Simplify NEXT Intangible Core Index ETF

An institutional investor recently bought a new position in Simplify NEXT Intangible Core Index ETF stock. Citadel Advisors LLC bought a new position in Simplify NEXT Intangible Core Index ETF (BATS:NXTI – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,472 shares of the company’s stock, valued at approximately $636,000. Citadel Advisors LLC owned approximately 38.94% of Simplify NEXT Intangible Core Index ETF at the end of the most recent quarter.

Simplify NEXT Intangible Core Index ETF Company Profile

(Get Free Report)

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.