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

Simplify Propel Opportunities ETF (NYSEARCA:SURI) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,711 shares, a drop of 38.8% from the February 26th total of 7,699 shares. Based on an average trading volume of 17,393 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds 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 shares of Simplify Propel Opportunities ETF (NYSEARCA:SURI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 80,338 shares of the company’s stock, valued at approximately $1,253,000. Brookwood Investment Group LLC owned about 1.80% of Simplify Propel Opportunities ETF as of its most recent filing with the SEC.

Simplify Propel Opportunities ETF Trading Down 1.6%

Shares of NYSEARCA:SURI traded down $0.25 during trading on Friday, reaching $15.42. The company had a trading volume of 1,121 shares, compared to its average volume of 6,135. The stock’s fifty day moving average price is $16.87 and its 200 day moving average price is $16.76. Simplify Propel Opportunities ETF has a fifty-two week low of $12.71 and a fifty-two week high of $18.20.

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.