Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Up 132.0% in May

Simplify Bond Bull ETF (NYSEARCA:RFIX) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 7,042 shares, an increase of 132.0% from the May 14th total of 3,035 shares. Based on an average daily trading volume, of 771,842 shares, the short-interest ratio is currently 0.0 days. Approximately 0.5% of the company’s stock are sold short.

Hedge Funds Weigh In On Simplify Bond Bull ETF

Several hedge funds have recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in shares of Simplify Bond Bull ETF by 104.3% during the fourth quarter. Jane Street Group LLC now owns 694,417 shares of the company’s stock worth $25,199,000 after purchasing an additional 354,584 shares during the last quarter. True Wealth Design LLC boosted its stake in shares of 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 worth $6,039,000 after buying an additional 7,973 shares during the period. Prosperity Wealth Management Inc. boosted its stake 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 worth $1,130,000 after buying an additional 10,256 shares during the period. Principal Securities Inc. boosted its stake in shares of Simplify Bond Bull ETF by 33.4% during the fourth quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock worth $379,000 after buying an additional 2,613 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Simplify Bond Bull ETF by 14.9% during the third 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 during the period.

Simplify Bond Bull ETF Stock Performance

Simplify Bond Bull ETF stock opened at $38.63 on Friday. Simplify Bond Bull ETF has a 1-year low of $35.31 and a 1-year high of $49.09. The stock’s fifty day moving average is $38.87 and its two-hundred day moving average is $39.06.

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.