Simplify Propel Opportunities ETF (NYSEARCA:SURI) Stock Short Interest Drops 85.5%

Simplify Propel Opportunities ETF (NYSEARCA:SURI) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 1,246 shares, a drop of 85.5% from the September 15th total of 8,566 shares. Based on an average trading volume of 4,822 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Simplify Propel Opportunities ETF Price Performance

SURI traded up $0.14 on Friday, reaching $17.22. The stock had a trading volume of 406 shares, compared to its average volume of 6,370. Simplify Propel Opportunities ETF has a fifty-two week low of $14.90 and a fifty-two week high of $21.31. The firm has a 50-day moving average of $18.93 and a 200-day moving average of $17.86.

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.