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

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 2,684 shares, a decrease of 43.0% from the March 15th total of 4,711 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 5,584 shares, the days-to-cover ratio is presently 0.5 days.

Simplify Propel Opportunities ETF Stock Up 0.5%

Simplify Propel Opportunities ETF stock traded up $0.08 during trading hours on Monday, hitting $16.39. 315 shares of the company traded hands, compared to its average volume of 5,815. The firm’s 50-day simple moving average is $16.56 and its two-hundred day simple moving average is $16.77. Simplify Propel Opportunities ETF has a 1-year low of $13.47 and a 1-year high of $18.20.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

An institutional investor recently bought a new position in Simplify Propel Opportunities ETF stock. Brookwood Investment Group LLC purchased a new stake in shares of Simplify Propel Opportunities ETF (NYSEARCA:SURI) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 80,338 shares of the company’s stock, valued at approximately $1,253,000. Brookwood Investment Group LLC owned approximately 1.80% of Simplify Propel Opportunities ETF as of its most recent filing with the SEC.

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.