Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Update

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 3,035 shares, a drop of 51.0% from the April 30th total of 6,199 shares. Based on an average daily volume of 341,340 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On Simplify Bond Bull ETF

Several institutional investors have recently bought and sold shares of the business. Jane Street Group LLC raised its holdings 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 worth $25,199,000 after purchasing an additional 354,584 shares in the last quarter. True Wealth Design LLC raised its position in Simplify Bond Bull ETF by 5.0% during 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. raised its position in Simplify Bond Bull ETF by 63.3% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock worth $1,130,000 after buying an additional 10,256 shares during the last quarter. Mutual Advisors LLC purchased a new position in Simplify Bond Bull ETF during the 3rd quarter worth approximately $1,026,000. Finally, Principal Securities Inc. grew its stake in shares of Simplify Bond Bull ETF by 33.4% during the 4th quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock worth $379,000 after purchasing an additional 2,613 shares during the period.

Simplify Bond Bull ETF Trading Up 0.7%

Shares of RFIX stock traded up $0.28 on Monday, reaching $38.71. The company’s stock had a trading volume of 511,317 shares, compared to its average volume of 654,403. The stock’s fifty day simple moving average is $39.37 and its 200-day simple moving average is $39.21. Simplify Bond Bull ETF has a 1 year low of $35.31 and a 1 year high of $49.36.

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.