Short Interest in Simplify Bond Bull ETF (NYSEARCA:RFIX) Decreases By 85.9%

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 991 shares, a decline of 85.9% from the May 31st total of 7,042 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 636,565 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Simplify Bond Bull ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC lifted its stake in shares of Simplify Bond Bull ETF by 104.3% in 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 during the last quarter. Principal Securities Inc. raised its holdings in Simplify Bond Bull ETF by 33.4% during the fourth quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock valued at $379,000 after buying an additional 2,613 shares in the last quarter. True Wealth Design LLC raised its holdings in Simplify Bond Bull ETF by 5.0% during the fourth quarter. True Wealth Design LLC now owns 166,412 shares of the company’s stock valued at $6,039,000 after buying an additional 7,973 shares in the last quarter. Prosperity Wealth Management Inc. lifted its position in shares of Simplify Bond Bull ETF by 63.3% in the third quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock worth $1,130,000 after buying an additional 10,256 shares during the last quarter. Finally, Cove Street Capital LLC lifted its position in shares of Simplify Bond Bull ETF by 59.5% in the third quarter. Cove Street Capital LLC now owns 2,075 shares of the company’s stock worth $89,000 after buying an additional 774 shares during the last quarter.

Simplify Bond Bull ETF Price Performance

RFIX traded up $0.02 during midday trading on Friday, hitting $39.52. 393,682 shares of the company’s stock traded hands, compared to its average volume of 644,322. The stock’s fifty day simple moving average is $38.87 and its 200-day simple moving average is $38.98. Simplify Bond Bull ETF has a one year low of $35.31 and a one year high of $48.73.

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.