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

Simplify NEXT Intangible Core Index ETF (BATS:NXTI) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 4 shares, a decline of 98.9% from the April 30th total of 364 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 4,657 shares, the days-to-cover ratio is currently 0.0 days.

Simplify NEXT Intangible Core Index ETF Stock Performance

BATS:NXTI opened at $33.53 on Thursday. The stock’s 50-day simple moving average is $31.19 and its 200 day simple moving average is $31.63. The company has a market cap of $1.68 million, a P/E 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.

Institutional Trading of Simplify NEXT Intangible Core Index ETF

A hedge fund recently bought a new stake in Simplify NEXT Intangible Core Index ETF stock. Citadel Advisors LLC bought a new stake in Simplify NEXT Intangible Core Index ETF (BATS:NXTI) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,472 shares of the company’s stock, valued at approximately $636,000. Citadel Advisors LLC owned about 38.94% of Simplify NEXT Intangible Core Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.