Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Down 66.1% in June

Simplify Propel Opportunities ETF (NYSEARCA:SURI) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 939 shares, a drop of 66.1% from the May 31st total of 2,773 shares. Based on an average daily volume of 2,560 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

A hedge fund recently raised its position in Simplify Propel Opportunities ETF stock. Brookwood Investment Group LLC boosted its position in Simplify Propel Opportunities ETF (NYSEARCA:SURI) by 23.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 99,239 shares of the company’s stock after acquiring an additional 18,901 shares during the period. Brookwood Investment Group LLC owned 2.21% of Simplify Propel Opportunities ETF worth $1,655,000 at the end of the most recent reporting period.

Simplify Propel Opportunities ETF Price Performance

NYSEARCA:SURI traded up $0.25 during trading hours on Monday, reaching $17.60. The company’s stock had a trading volume of 5,403 shares, compared to its average volume of 7,197. The firm has a 50-day simple moving average of $17.38 and a 200-day simple moving average of $16.99. Simplify Propel Opportunities ETF has a 1 year low of $14.70 and a 1 year 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.