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

Simplify Propel Opportunities ETF (NYSEARCA:SURI) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,400 shares, an increase of 61.4% from the September 15th total of 8,300 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is currently 5.2 days. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is currently 5.2 days.

Simplify Propel Opportunities ETF Stock Down 1.2%

NYSEARCA:SURI opened at $17.46 on Friday. Simplify Propel Opportunities ETF has a one year low of $12.71 and a one year high of $27.52. The stock has a 50 day moving average price of $16.05 and a 200 day moving average price of $15.29.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

An institutional investor recently bought a new position in Simplify Propel Opportunities ETF stock. Brookwood Investment Group LLC purchased a new stake in Simplify Propel Opportunities ETF (NYSEARCA:SURI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 80,338 shares of the company’s stock, valued at approximately $1,253,000. Brookwood Investment Group LLC owned about 1.80% of Simplify Propel Opportunities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.