Short Interest in Simplify Bond Bull ETF (NYSEARCA:RFIX) Expands By 2,400.4%

Simplify Bond Bull ETF (NYSEARCA:RFIX) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 101,115 shares, an increase of 2,400.4% from the December 15th total of 4,044 shares. Currently, 4.1% of the company’s shares are sold short. Based on an average daily volume of 514,363 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 514,363 shares, the short-interest ratio is presently 0.2 days. Currently, 4.1% of the company’s shares are sold short.

Simplify Bond Bull ETF Trading Up 0.8%

Simplify Bond Bull ETF stock opened at $36.54 on Wednesday. Simplify Bond Bull ETF has a 12-month low of $35.92 and a 12-month high of $58.95. The firm’s fifty day moving average is $39.31 and its 200 day moving average is $42.17.

Hedge Funds Weigh In On Simplify Bond Bull ETF

A number of large investors have recently modified their holdings of the company. Fluent Financial LLC raised its holdings in shares of Simplify Bond Bull ETF by 24.4% during the 2nd quarter. Fluent Financial LLC now owns 483,738 shares of the company’s stock valued at $23,519,000 after buying an additional 94,841 shares in the last quarter. Jane Street Group LLC raised its stake in Simplify Bond Bull ETF by 3,650.8% in the second quarter. Jane Street Group LLC now owns 420,274 shares of the company’s stock worth $20,434,000 after buying an additional 409,069 shares in the last quarter. True Wealth Design LLC lifted its position 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 during the period. Simplify Asset Management Inc. purchased a new stake in shares of Simplify Bond Bull ETF in the 3rd quarter worth approximately $1,409,000. Finally, Prosperity Wealth Management Inc. grew its holdings in shares of Simplify Bond Bull ETF by 63.3% during the third quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock valued at $1,130,000 after buying an additional 10,256 shares during the last quarter.

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.