Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Update

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 41,904 shares, a decrease of 56.7% from the January 15th total of 96,673 shares. Based on an average daily trading volume, of 702,420 shares, the short-interest ratio is presently 0.1 days. Currently, 2.7% of the shares of the company are sold short. Currently, 2.7% of the shares of the company are sold short. Based on an average daily trading volume, of 702,420 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Simplify Bond Bull ETF

Hedge funds have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC purchased a new position in Simplify Bond Bull ETF in the 2nd quarter valued at $64,000. Montag A & Associates Inc. acquired a new stake in shares of Simplify Bond Bull ETF in the 2nd quarter worth $76,000. Cove Street Capital LLC boosted its holdings in shares of Simplify Bond Bull ETF by 59.5% in the third quarter. Cove Street Capital LLC now owns 2,075 shares of the company’s stock valued at $89,000 after acquiring an additional 774 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Simplify Bond Bull ETF during the second quarter worth about $195,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Simplify Bond Bull ETF during the second quarter worth about $331,000.

Simplify Bond Bull ETF Stock Performance

RFIX stock traded up $0.85 during trading on Friday, hitting $40.20. The company had a trading volume of 1,206,746 shares, compared to its average volume of 818,455. The firm has a 50-day moving average price of $37.47 and a 200-day moving average price of $40.81. Simplify Bond Bull ETF has a 1-year low of $35.31 and a 1-year high of $58.95.

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.