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

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 6,500 shares, a growth of 333.3% from the May 15th total of 1,500 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 2.3 days.

Hedge Funds Weigh In On Simplify Propel Opportunities ETF

A hedge fund recently bought a new stake in Simplify Propel Opportunities ETF stock. Jane Street Group LLC bought a new stake in shares of Simplify Propel Opportunities ETF (NYSEARCA:SURI) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 13,564 shares of the company’s stock, valued at approximately $208,000. Jane Street Group LLC owned about 0.31% of Simplify Propel Opportunities ETF as of its most recent filing with the SEC.

Simplify Propel Opportunities ETF Stock Up 0.4%

NYSEARCA SURI opened at $16.24 on Friday. Simplify Propel Opportunities ETF has a 1-year low of $12.71 and a 1-year high of $27.52. The business has a 50 day moving average price of $14.43 and a 200 day moving average price of $15.98.

Simplify Propel Opportunities ETF Company Profile

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.