Simplify Propel Opportunities ETF (NYSEARCA:SURI) Shares Shorted: Short Interest Down 76.5% in October

Simplify Propel Opportunities ETF (NYSEARCA:SURI) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 293 shares, a drop of 76.5% from the September 30th total of 1,246 shares. Based on an average trading volume of 12,229 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Simplify Propel Opportunities ETF Trading Up 0.9%

Shares of NYSEARCA:SURI traded up $0.15 during trading on Wednesday, reaching $17.00. The company had a trading volume of 371 shares, compared to its average volume of 6,134. Simplify Propel Opportunities ETF has a fifty-two week low of $14.90 and a fifty-two week high of $21.31. The stock’s fifty day moving average price is $18.48 and its 200 day moving average price is $17.57.

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.