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

Simplify Bond Bull ETF (NYSEARCA:RFIX) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 77,494 shares, an increase of 7,719.8% from the June 15th total of 991 shares. Currently, 5.5% of the company’s shares are sold short. Based on an average daily trading volume, of 487,525 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cove Street Capital LLC raised its position in Simplify Bond Bull ETF by 59.5% during the 3rd quarter. Cove Street Capital LLC now owns 2,075 shares of the company’s stock valued at $89,000 after purchasing an additional 774 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Simplify Bond Bull ETF during the second quarter valued at $195,000. Envestnet Asset Management Inc. raised its holdings in shares of 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 valued at $334,000 after acquiring an additional 1,018 shares in the last quarter. Principal Securities Inc. raised its holdings in shares of Simplify Bond Bull ETF by 33.4% in the fourth quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock valued at $379,000 after acquiring an additional 2,613 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Simplify Bond Bull ETF in the first quarter worth about $599,000.

Simplify Bond Bull ETF Stock Performance

Shares of NYSEARCA:RFIX traded down $0.47 during trading on Friday, reaching $37.45. 162,318 shares of the company were exchanged, compared to its average volume of 624,281. The business’s fifty day simple moving average is $38.79 and its 200-day simple moving average is $38.92. Simplify Bond Bull ETF has a 12-month low of $35.31 and a 12-month high of $46.25.

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.