Simplify Bond Bull ETF (NYSEARCA:RFIX) Sees Large Increase in Short Interest

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 104,658 shares, an increase of 75.3% from the February 12th total of 59,719 shares. Approximately 6.8% of the company’s shares are short sold. Based on an average daily trading volume, of 788,220 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 788,220 shares, the short-interest ratio is currently 0.1 days. Approximately 6.8% of the company’s shares are short sold.

Simplify Bond Bull ETF Price Performance

Shares of RFIX opened at $41.65 on Friday. Simplify Bond Bull ETF has a 1 year low of $35.31 and a 1 year high of $58.95. The company’s 50 day simple moving average is $38.55 and its 200 day simple moving average is $40.44.

Institutional Investors Weigh In On Simplify Bond Bull ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in RFIX. Jane Street Group LLC increased its stake in Simplify Bond Bull ETF by 104.3% in the fourth quarter. Jane Street Group LLC now owns 694,417 shares of the company’s stock valued at $25,199,000 after purchasing an additional 354,584 shares during the last quarter. Principal Securities Inc. boosted its stake in Simplify Bond Bull ETF by 33.4% in the 4th quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock worth $379,000 after buying an additional 2,613 shares during the last quarter. True Wealth Design LLC boosted its stake in 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 buying an additional 7,973 shares during the last quarter. Prosperity Wealth Management Inc. grew its holdings in Simplify Bond Bull ETF by 63.3% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock valued at $1,130,000 after buying an additional 10,256 shares during the period. Finally, Cove Street Capital LLC grew its holdings in Simplify Bond Bull ETF by 59.5% in the 3rd quarter. Cove Street Capital LLC now owns 2,075 shares of the company’s stock valued at $89,000 after buying an additional 774 shares during the period.

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.