Simplify NEXT Intangible Core Index ETF (BATS:NXTI) Stock Short Interest Drops 50.7%

Simplify NEXT Intangible Core Index ETF (BATS:NXTI) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 33 shares, a decline of 50.7% from the August 31st total of 67 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,138 shares, the short-interest ratio is currently 0.0 days.

Simplify NEXT Intangible Core Index ETF Trading Down 0.1%

Shares of NXTI stock opened at $35.92 on Thursday. The company has a market cap of $1.80 million, a P/E ratio of 28.02 and a beta of 0.86. The firm has a fifty day moving average price of $35.89 and a 200 day moving average price of $33.77. Simplify NEXT Intangible Core Index ETF has a 12 month low of $29.10 and a 12 month high of $36.83.

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.