Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Update

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,185 shares, an increase of 48.4% from the January 15th total of 3,495 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,980 shares, the short-interest ratio is presently 1.7 days. Based on an average daily volume of 2,980 shares, the short-interest ratio is presently 1.7 days. Currently, 0.1% of the company’s shares are short sold.

Simplify Propel Opportunities ETF Stock Performance

SURI stock traded down $0.08 during trading on Friday, hitting $16.29. The company had a trading volume of 1,570 shares, compared to its average volume of 3,366. The business has a 50-day moving average of $16.97 and a 200-day moving average of $16.48. Simplify Propel Opportunities ETF has a one year low of $12.71 and a one year high of $18.20.

Hedge Funds Weigh In On Simplify Propel Opportunities ETF

A hedge fund recently bought a new stake in Simplify Propel Opportunities ETF stock. Brookwood Investment Group LLC acquired a new stake in Simplify Propel Opportunities ETF (NYSEARCA:SURI) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 80,338 shares of the company’s stock, valued at approximately $1,253,000. Brookwood Investment Group LLC owned 1.80% of Simplify Propel Opportunities ETF at the end of the most recent reporting period.

Simplify Propel Opportunities ETF Company Profile

The Simplify Propel Opportunities ETF (SURI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund employs an actively managed, multi-asset strategy that focuses on equity and debt securities of companies in the healthcare sector. The fund selects securities believed to be attractive investment opportunities SURI was launched on Feb 7, 2023 and is managed by Simplify.