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

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 7,042 shares, an increase of 132.0% from the May 14th total of 3,035 shares. Based on an average daily volume of 771,842 shares, the short-interest ratio is presently 0.0 days. Currently, 0.5% of the company’s shares are short sold.

Simplify Bond Bull ETF Stock Performance

RFIX stock traded down $1.01 during midday trading on Friday, reaching $38.63. The company’s stock had a trading volume of 247,036 shares, compared to its average volume of 653,175. The stock has a fifty day simple moving average of $38.87 and a two-hundred day simple moving average of $39.06. Simplify Bond Bull ETF has a 1 year low of $35.31 and a 1 year high of $49.09.

Institutional Trading of Simplify Bond Bull ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cove Street Capital LLC increased its stake in Simplify Bond Bull ETF by 59.5% in the third quarter. Cove Street Capital LLC now owns 2,075 shares of the company’s stock worth $89,000 after purchasing an additional 774 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in Simplify Bond Bull ETF in the second quarter worth $195,000. Envestnet Asset Management Inc. increased its stake in Simplify Bond Bull ETF by 14.9% in the third quarter. Envestnet Asset Management Inc. now owns 7,830 shares of the company’s stock worth $334,000 after purchasing an additional 1,018 shares during the period. Principal Securities Inc. grew its position 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 buying an additional 2,613 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Simplify Bond Bull ETF during the 1st quarter worth $599,000.

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.