Simplify Bond Bull ETF (NYSEARCA:RFIX) Sees Significant Growth in Short Interest

Simplify Bond Bull ETF (NYSEARCA:RFIX) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 59,719 shares, a growth of 42.5% from the January 29th total of 41,904 shares. Approximately 3.9% of the shares of the company are short sold. Based on an average daily volume of 944,694 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 944,694 shares, the short-interest ratio is presently 0.1 days. Approximately 3.9% of the shares of the company are short sold.

Institutional Trading of Simplify Bond Bull ETF

Several hedge funds have recently made changes to their positions in RFIX. Jane Street Group LLC boosted its position 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 worth $25,199,000 after acquiring an additional 354,584 shares during the period. True Wealth Design LLC lifted its holdings in Simplify Bond Bull ETF by 5.0% in the fourth 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 period. Simplify Asset Management Inc. bought a new position in Simplify Bond Bull ETF in the 3rd quarter valued at about $1,409,000. Prosperity Wealth Management Inc. increased its stake in Simplify Bond Bull ETF by 63.3% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock valued at $1,130,000 after buying an additional 10,256 shares during the period. Finally, Mutual Advisors LLC acquired a new position in Simplify Bond Bull ETF during the 3rd quarter valued at about $1,026,000.

Simplify Bond Bull ETF Price Performance

Shares of NYSEARCA:RFIX traded up $0.79 during trading on Friday, reaching $41.99. 502,478 shares of the company’s stock traded hands, compared to its average volume of 811,466. Simplify Bond Bull ETF has a 12 month low of $35.31 and a 12 month high of $58.95. The company has a 50 day moving average of $37.75 and a 200-day moving average of $40.51.

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.