Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Update

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the recipient of a significant growth in short interest in the month of 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. Based on an average trading volume of 3,418 shares, the short-interest ratio is presently 2.5 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

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

Simplify Propel Opportunities ETF Trading Down 1.4%

Simplify Propel Opportunities ETF stock traded down $0.26 during trading hours on Friday, hitting $17.95. The stock had a trading volume of 3,051 shares, compared to its average volume of 6,963. The company has a 50-day moving average of $17.59 and a two-hundred day moving average of $17.04. Simplify Propel Opportunities ETF has a fifty-two week low of $14.70 and a fifty-two week high of $18.50.

About Simplify Propel Opportunities ETF

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.