Simplify National Muni Bond ETF (NYSEARCA:NMB) Shares Shorted: Short Interest Down 81.7% in September

Simplify National Muni Bond ETF (NYSEARCA:NMB) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 610 shares, a decline of 81.7% from the August 31st total of 3,331 shares. Based on an average trading volume of 2,562 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Simplify National Muni Bond ETF Stock Down 0.8%

Shares of NYSEARCA:NMB traded down $0.19 during trading on Friday, hitting $23.15. 886 shares of the company traded hands, compared to its average volume of 4,078. The business’s fifty day moving average is $24.21 and its 200-day moving average is $24.46. Simplify National Muni Bond ETF has a one year low of $23.15 and a one year high of $26.14.

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.