Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Update

Simplify Propel Opportunities ETF (NYSEARCA:SURI) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 3,960 shares, a drop of 46.9% from the August 15th total of 7,459 shares. Based on an average daily volume of 4,711 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the company’s stock are short sold.

Simplify Propel Opportunities ETF Trading Up 2.2%

Simplify Propel Opportunities ETF stock traded up $0.41 during trading on Thursday, hitting $19.20. 1,614 shares of the company were exchanged, compared to its average volume of 5,978. The business’s 50 day moving average is $18.96 and its 200 day moving average is $17.77. Simplify Propel Opportunities ETF has a 52 week low of $14.90 and a 52 week high of $21.31.

Simplify Propel Opportunities ETF Company Profile

The Simplify Propel Opportunities ETF (SURI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund employs an actively managed, multi-asset strategy that focuses on equity and debt securities of companies in the healthcare sector. The fund selects securities believed to be attractive investment opportunities SURI was launched on Feb 7, 2023 and is managed by Simplify.