Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Update

Simplify Propel Opportunities ETF (NYSEARCA:SURIGet Free Report) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 7,699 shares, an increase of 1,168.4% from the February 12th total of 607 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 4,187 shares, the short-interest ratio is presently 1.8 days. Based on an average trading volume of 4,187 shares, the short-interest ratio is presently 1.8 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Simplify Propel Opportunities ETF stock. Brookwood Investment Group LLC acquired a new stake in Simplify Propel Opportunities ETF (NYSEARCA:SURIFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 80,338 shares of the company’s stock, valued at approximately $1,253,000. Brookwood Investment Group LLC owned 1.80% of Simplify Propel Opportunities ETF as of its most recent SEC filing.

Simplify Propel Opportunities ETF Trading Up 1.8%

Simplify Propel Opportunities ETF stock traded up $0.30 during midday trading on Tuesday, reaching $17.34. 3,697 shares of the company were exchanged, compared to its average volume of 6,152. The firm’s 50-day simple moving average is $16.92 and its 200-day simple moving average is $16.70. Simplify Propel Opportunities ETF has a 1 year low of $12.71 and a 1 year high of $18.20.

About Simplify Propel Opportunities ETF

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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.

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