Simplify Treasury Option Income ETF (NYSEARCA:BUCK) Short Interest Down 20.2% in March

Simplify Treasury Option Income ETF (NYSEARCA:BUCK) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 294,894 shares, a drop of 20.2% from the February 26th total of 369,568 shares. Based on an average trading volume of 206,361 shares, the short-interest ratio is currently 1.4 days. Approximately 1.7% of the company’s shares are short sold.

Institutional Trading of Simplify Treasury Option Income ETF

Several hedge funds have recently made changes to their positions in BUCK. Lane Brothers & Co. Inc. purchased a new position in shares of Simplify Treasury Option Income ETF in the fourth quarter valued at approximately $1,592,000. OLD Mission Capital LLC increased its stake in Simplify Treasury Option Income ETF by 30.7% during the 4th quarter. OLD Mission Capital LLC now owns 32,300 shares of the company’s stock worth $766,000 after buying an additional 7,581 shares during the period. Osaic Holdings Inc. increased its stake in Simplify Treasury Option Income ETF by 8.2% during the 4th quarter. Osaic Holdings Inc. now owns 64,261 shares of the company’s stock worth $1,523,000 after buying an additional 4,843 shares during the period. Advisory Services Network LLC lifted its holdings in Simplify Treasury Option Income ETF by 6.0% during the 4th quarter. Advisory Services Network LLC now owns 38,848 shares of the company’s stock worth $921,000 after buying an additional 2,211 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new position in Simplify Treasury Option Income ETF in the 4th quarter valued at approximately $297,000.

Simplify Treasury Option Income ETF Stock Performance

Shares of BUCK stock opened at $23.50 on Wednesday. Simplify Treasury Option Income ETF has a one year low of $22.88 and a one year high of $24.71. The firm’s 50 day moving average price is $23.66 and its 200-day moving average price is $23.77.

Simplify Treasury Option Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 7.1%.

About Simplify Treasury Option Income ETF

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.