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

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 6,500 shares, a growth of 333.3% from the May 15th total of 1,500 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.1% of the company’s stock are short sold.

Simplify Propel Opportunities ETF Stock Performance

Shares of NYSEARCA SURI opened at $16.24 on Friday. Simplify Propel Opportunities ETF has a 1-year low of $12.71 and a 1-year high of $27.52. The business has a fifty day moving average price of $14.43 and a 200 day moving average price of $15.98.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

An institutional investor recently bought a new position in Simplify Propel Opportunities ETF stock. Jane Street Group LLC purchased a new stake in Simplify Propel Opportunities ETF (NYSEARCA:SURI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 13,564 shares of the company’s stock, valued at approximately $208,000. Jane Street Group LLC owned about 0.31% of Simplify Propel Opportunities ETF as of its most recent filing with the Securities & Exchange Commission.

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.