Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Up 132.0% in May

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 7,042 shares, a growth of 132.0% from the May 14th total of 3,035 shares. Based on an average daily volume of 771,842 shares, the short-interest ratio is presently 0.0 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Trading of Simplify Bond Bull ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC grew its position in shares of Simplify Bond Bull ETF by 3,650.8% during the 2nd quarter. Jane Street Group LLC now owns 420,274 shares of the company’s stock valued at $20,434,000 after buying an additional 409,069 shares during the last quarter. Prosperity Wealth Management Inc. grew its position in Simplify Bond Bull ETF by 63.3% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock worth $1,130,000 after purchasing an additional 10,256 shares during the last quarter. True Wealth Design LLC grew its position in Simplify Bond Bull ETF by 5.0% in the 4th quarter. True Wealth Design LLC now owns 166,412 shares of the company’s stock worth $6,039,000 after purchasing an additional 7,973 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Simplify Bond Bull ETF in the 2nd quarter worth approximately $195,000. Finally, Principal Securities Inc. lifted its stake in shares of Simplify Bond Bull ETF by 33.4% in the 4th quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock worth $379,000 after acquiring an additional 2,613 shares during the period.

Simplify Bond Bull ETF Stock Down 2.5%

RFIX stock opened at $38.63 on Friday. Simplify Bond Bull ETF has a one year low of $35.31 and a one year high of $49.09. The company has a 50 day moving average price of $38.87 and a two-hundred day moving average price of $39.06.

About Simplify Bond Bull ETF

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.