Simplify Bond Bull ETF (NYSEARCA:RFIX) Sees Significant Decrease in Short Interest

Simplify Bond Bull ETF (NYSEARCA:RFIX) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 4,044 shares, a drop of 94.5% from the November 30th total of 74,128 shares. Based on an average daily volume of 507,895 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 507,895 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Simplify Bond Bull ETF

A number of institutional investors have recently made changes to their positions in the business. Cove Street Capital LLC bought a new position in Simplify Bond Bull ETF in the 1st quarter worth approximately $70,000. Steward Partners Investment Advisory LLC acquired a new position in Simplify Bond Bull ETF during the 2nd quarter valued at $64,000. Montag A & Associates Inc. bought a new stake in Simplify Bond Bull ETF in the 2nd quarter valued at $76,000. Ancora Advisors LLC acquired a new stake in Simplify Bond Bull ETF in the 1st quarter worth $102,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Simplify Bond Bull ETF during the 2nd quarter worth about $195,000.

Simplify Bond Bull ETF Price Performance

Shares of Simplify Bond Bull ETF stock traded down $0.82 on Friday, reaching $37.78. The stock had a trading volume of 475,629 shares, compared to its average volume of 211,473. Simplify Bond Bull ETF has a fifty-two week low of $37.28 and a fifty-two week high of $58.95. The business’s 50-day moving average price is $40.94 and its two-hundred day moving average price is $43.23.

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.