Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Down 85.9% in June

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 991 shares, a decrease of 85.9% from the May 31st total of 7,042 shares. Based on an average trading volume of 636,565 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

Simplify Bond Bull ETF Price Performance

Shares of RFIX traded down $0.50 during trading hours on Friday, hitting $39.00. The company had a trading volume of 511,898 shares, compared to its average volume of 645,340. The firm has a fifty day moving average price of $38.88 and a 200-day moving average price of $38.98. Simplify Bond Bull ETF has a 52-week low of $35.31 and a 52-week high of $48.73.

Institutional Investors Weigh In On Simplify Bond Bull ETF

A number of institutional investors have recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in Simplify Bond Bull ETF by 104.3% in the 4th quarter. Jane Street Group LLC now owns 694,417 shares of the company’s stock worth $25,199,000 after acquiring an additional 354,584 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Simplify Bond Bull ETF by 5.0% in the 4th quarter. True Wealth Design LLC now owns 166,412 shares of the company’s stock worth $6,039,000 after purchasing an additional 7,973 shares in the last quarter. Prosperity Wealth Management Inc. raised its stake in shares of Simplify Bond Bull ETF by 63.3% in the third quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock worth $1,130,000 after purchasing an additional 10,256 shares during the last quarter. Principal Securities Inc. boosted its position in shares of Simplify Bond Bull ETF by 33.4% during the fourth quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock valued at $379,000 after buying an additional 2,613 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Simplify Bond Bull ETF by 14.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,830 shares of the company’s stock worth $334,000 after buying an additional 1,018 shares in the last quarter.

Simplify Bond Bull ETF Company Profile

The Simplify Downside Interest Rate Hedge Strategy ETF (RFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed, seeking interest rate protection against the decrease in long-term interest rates and income generation in volatile market conditions. Investments include OTC interest-rate derivatives, US Treasurys, TIPS, and investment-grade bonds of any maturities. RFIX was launched on Dec 9, 2024 and is issued by Simplify.