Short Interest in Simplify Propel Opportunities ETF (NYSEARCA:SURI) Increases By 823.6%

Simplify Propel Opportunities ETF (NYSEARCA:SURI) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 8,673 shares, a growth of 823.6% from the June 15th total of 939 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 3,418 shares, the short-interest ratio is currently 2.5 days.

Simplify Propel Opportunities ETF Price Performance

Shares of Simplify Propel Opportunities ETF stock opened at $17.95 on Monday. Simplify Propel Opportunities ETF has a 12 month low of $14.70 and a 12 month high of $18.50. The business has a fifty day simple moving average of $17.59 and a 200-day simple moving average of $17.04.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

An institutional investor recently raised its stake in Simplify Propel Opportunities ETF stock. Pathstone Holdings LLC raised its holdings in shares of Simplify Propel Opportunities ETF (NYSEARCA:SURI) by 4.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,479 shares of the company’s stock after acquiring an additional 3,755 shares during the quarter. Pathstone Holdings LLC owned approximately 2.05% of Simplify Propel Opportunities ETF worth $1,427,000 at the end of the most recent quarter.

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.