Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Up 48.4% in January

Simplify Propel Opportunities ETF (NYSEARCA:SURI) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 5,185 shares, a growth of 48.4% from the January 15th total of 3,495 shares. Based on an average daily volume of 2,980 shares, the short-interest ratio is currently 1.7 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,980 shares, the short-interest ratio is currently 1.7 days.

Simplify Propel Opportunities ETF Trading Down 0.5%

SURI traded down $0.08 during trading on Friday, hitting $16.29. 1,570 shares of the stock traded hands, compared to its average volume of 3,366. Simplify Propel Opportunities ETF has a 12-month low of $12.71 and a 12-month high of $18.20. The firm has a 50-day moving average of $16.97 and a 200 day moving average of $16.49.

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 acquired a new position in Simplify Propel Opportunities ETF (NYSEARCA:SURI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 80,338 shares of the company’s stock, valued at approximately $1,253,000. Brookwood Investment Group LLC owned 1.80% of Simplify Propel Opportunities ETF at the end of the most recent reporting period.

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.