Simplify Opportunistic Income ETF (NYSEARCA:CRDT) Short Interest Update

Simplify Opportunistic Income ETF (NYSEARCA:CRDT) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 97 shares, a growth of 546.7% from the July 30th total of 15 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 21,587 shares, the days-to-cover ratio is currently 0.0 days.

Simplify Opportunistic Income ETF Trading Down 0.3%

Shares of CRDT opened at $23.34 on Friday. The stock has a market cap of $36.18 million, a P/E ratio of 9.33 and a beta of 0.15. Simplify Opportunistic Income ETF has a 1 year low of $21.69 and a 1 year high of $24.13. The stock’s 50-day moving average price is $23.38 and its two-hundred day moving average price is $23.18.

Institutional Investors Weigh In On Simplify Opportunistic Income ETF

Several large investors have recently bought and sold shares of CRDT. Kingdom Financial Group LLC. acquired a new stake in Simplify Opportunistic Income ETF in the fourth quarter worth $56,000. Lloyd Advisory Services LLC. acquired a new position in shares of Simplify Opportunistic Income ETF in the 4th quarter valued at $141,000. Flow Traders U.S. LLC bought a new stake in shares of Simplify Opportunistic Income ETF in the 3rd quarter valued at $386,000. Jane Street Group LLC acquired a new stake in Simplify Opportunistic Income ETF during the 1st quarter worth $408,000. Finally, Principal Securities Inc. raised its stake in Simplify Opportunistic Income ETF by 7.1% during the 4th quarter. Principal Securities Inc. now owns 23,703 shares of the company’s stock worth $553,000 after buying an additional 1,573 shares during the period.

Simplify Opportunistic Income ETF Company Profile

The Simplify Opportunistic Income ETF (CRDT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds various fixed income securities from developed markets. The fund has no maturity and credit rating limitation CRDT was launched on Jun 26, 2023 and is managed by Simplify.