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

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 7,699 shares, a growth of 1,168.4% from the February 12th total of 607 shares. Based on an average trading volume of 4,187 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 4,187 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

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

Simplify Propel Opportunities ETF Stock Down 2.5%

Shares of NYSEARCA SURI traded down $0.43 during trading on Thursday, hitting $17.07. The company had a trading volume of 4,355 shares, compared to its average volume of 6,443. The stock has a fifty day simple moving average of $16.94 and a two-hundred day simple moving average of $16.70. Simplify Propel Opportunities ETF has a fifty-two week low of $12.71 and a fifty-two week high of $18.20.

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.