Simplify Propel Opportunities ETF (NYSEARCA:SURI) Sees Large Growth in Short Interest

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 8,566 shares, a growth of 116.3% from the August 31st total of 3,960 shares. Based on an average daily trading volume, of 4,133 shares, the short-interest ratio is presently 2.1 days. Approximately 0.2% of the shares of the stock are sold short.

Simplify Propel Opportunities ETF Price Performance

Shares of Simplify Propel Opportunities ETF stock traded down $0.03 during trading hours on Tuesday, hitting $17.46. The company’s stock had a trading volume of 6,387 shares, compared to its average volume of 5,930. The business has a 50 day moving average price of $19.07 and a two-hundred day moving average price of $17.85. Simplify Propel Opportunities ETF has a 12-month low of $14.90 and a 12-month high of $21.31.

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.