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

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

Simplify Bond Bull ETF Price Performance

RFIX traded down $0.47 during trading hours on Friday, reaching $37.45. 162,318 shares of the stock traded hands, compared to its average volume of 624,281. The firm’s fifty day simple moving average is $38.79 and its two-hundred day simple moving average is $38.92. Simplify Bond Bull ETF has a fifty-two week low of $35.31 and a fifty-two week high of $46.25.

Institutional Trading of Simplify Bond Bull ETF

Several large investors have recently modified their holdings of the business. Jane Street Group LLC grew its stake in Simplify Bond Bull ETF by 104.3% during the 4th quarter. Jane Street Group LLC now owns 694,417 shares of the company’s stock valued at $25,199,000 after purchasing an additional 354,584 shares in the last quarter. Prosperity Wealth Management Inc. raised its position in shares of 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 valued at $1,130,000 after purchasing an additional 10,256 shares in the last quarter. Principal Securities Inc. raised its position 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 valued at $379,000 after purchasing an additional 2,613 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Simplify Bond Bull ETF by 14.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,830 shares of the company’s stock valued at $334,000 after buying an additional 1,018 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Simplify Bond Bull ETF during the 2nd quarter valued at approximately $195,000.

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.