Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Up 268.8% in April

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,068 shares, a growth of 268.8% from the April 15th total of 1,103 shares. Based on an average daily trading volume, of 27,006 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

A hedge fund recently raised its stake in Simplify Propel Opportunities ETF stock. Pathstone Holdings LLC boosted its holdings in shares of Simplify Propel Opportunities ETF (NYSEARCA:SURI) by 4.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,479 shares of the company’s stock after acquiring an additional 3,755 shares during the period. Pathstone Holdings LLC owned 2.05% of Simplify Propel Opportunities ETF worth $1,427,000 at the end of the most recent reporting period.

Simplify Propel Opportunities ETF Stock Performance

Shares of SURI opened at $18.30 on Thursday. Simplify Propel Opportunities ETF has a one year low of $13.99 and a one year high of $18.37. The company has a 50-day simple moving average of $16.80 and a two-hundred day simple moving average of $16.89.

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.