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

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

Simplify Propel Opportunities ETF Stock Performance

Simplify Propel Opportunities ETF stock opened at $18.30 on Thursday. The stock’s 50 day moving average is $16.80 and its 200 day moving average is $16.89. Simplify Propel Opportunities ETF has a twelve month low of $13.99 and a twelve month high of $18.37.

Institutional Trading of Simplify Propel Opportunities ETF

A hedge fund recently raised its stake in Simplify Propel Opportunities ETF stock. Pathstone Holdings LLC increased its stake in Simplify Propel Opportunities ETF (NYSEARCA:SURI) by 4.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 91,479 shares of the company’s stock after buying an additional 3,755 shares during the period. Pathstone Holdings LLC owned 2.05% of Simplify Propel Opportunities ETF worth $1,427,000 as of its most recent filing with the Securities & Exchange Commission.

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.