Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Down 85.7% in March

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 14,988 shares, a decline of 85.7% from the February 26th total of 104,658 shares. Based on an average daily volume of 758,177 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.0% of the company’s stock are sold short. Approximately 1.0% of the company’s stock are sold short. Based on an average daily volume of 758,177 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Simplify Bond Bull ETF

Several large investors have recently made changes to their positions in RFIX. Steward Partners Investment Advisory LLC bought a new stake in Simplify Bond Bull ETF in the 2nd quarter valued at $64,000. Cove Street Capital LLC increased its holdings in Simplify Bond Bull ETF by 59.5% during the 3rd quarter. Cove Street Capital LLC now owns 2,075 shares of the company’s stock worth $89,000 after purchasing an additional 774 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Simplify Bond Bull ETF in the 2nd quarter valued at about $195,000. Envestnet Asset Management Inc. acquired a new stake in shares of Simplify Bond Bull ETF in the 2nd quarter valued at about $331,000. Finally, Principal Securities Inc. lifted its holdings in shares of Simplify Bond Bull ETF by 33.4% in the fourth quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock valued at $379,000 after purchasing an additional 2,613 shares in the last quarter.

Simplify Bond Bull ETF Price Performance

NYSEARCA RFIX traded up $1.40 during trading hours on Tuesday, reaching $43.22. 560,338 shares of the company’s stock were exchanged, compared to its average volume of 810,824. The company’s 50-day moving average is $39.15 and its two-hundred day moving average is $40.42. Simplify Bond Bull ETF has a one year low of $35.31 and a one year high of $58.95.

About Simplify Bond Bull ETF

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.