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

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 59,719 shares, an increase of 42.5% from the January 29th total of 41,904 shares. Approximately 3.9% of the company’s stock are sold short. Based on an average daily trading volume, of 944,694 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 944,694 shares, the short-interest ratio is currently 0.1 days. Approximately 3.9% of the company’s stock are sold short.

Institutional Investors Weigh In On Simplify Bond Bull ETF

Institutional investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC purchased a new stake in shares of Simplify Bond Bull ETF in the 2nd quarter worth $64,000. Montag A & Associates Inc. purchased a new stake in Simplify Bond Bull ETF in the second quarter worth about $76,000. Cove Street Capital LLC raised its stake in shares of 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 buying an additional 774 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Simplify Bond Bull ETF during the 2nd quarter valued at about $195,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of Simplify Bond Bull ETF during the 2nd quarter valued at approximately $331,000.

Simplify Bond Bull ETF Price Performance

Shares of RFIX traded down $0.70 on Monday, hitting $41.29. 650,005 shares of the stock traded hands, compared to its average volume of 807,313. Simplify Bond Bull ETF has a one year low of $35.31 and a one year high of $58.95. The business has a 50 day simple moving average of $37.75 and a 200 day simple moving average of $40.49.

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.