Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Down 37.8% in August

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 50,291 shares, a drop of 37.8% from the July 30th total of 80,893 shares. Currently, 4.1% of the shares of the company are short sold. Based on an average daily volume of 291,280 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Simplify Bond Bull ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its holdings in Simplify Bond Bull ETF by 14.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,830 shares of the company’s stock worth $334,000 after buying an additional 1,018 shares in the last quarter. Principal Securities Inc. raised its stake in Simplify Bond Bull ETF by 33.4% during the 4th quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock valued at $379,000 after acquiring an additional 2,613 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Simplify Bond Bull ETF during the 2nd quarter worth $195,000. Prosperity Wealth Management Inc. boosted its position 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 worth $1,130,000 after acquiring an additional 10,256 shares during the period. Finally, Jane Street Group LLC acquired a new position in Simplify Bond Bull ETF during the 1st quarter worth $599,000.

Simplify Bond Bull ETF Trading Down 0.5%

Simplify Bond Bull ETF stock traded down $0.19 during midday trading on Tuesday, reaching $34.58. 501,217 shares of the stock traded hands, compared to its average volume of 542,889. Simplify Bond Bull ETF has a fifty-two week low of $34.42 and a fifty-two week high of $45.79. The firm has a fifty day moving average price of $37.20 and a two-hundred day moving average price of $38.88.

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.