Short Interest in Simplify Propel Opportunities ETF (NYSEARCA:SURI) Declines By 66.1%

Simplify Propel Opportunities ETF (NYSEARCA:SURIGet Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 939 shares, a decline of 66.1% from the May 31st total of 2,773 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,560 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Simplify Propel Opportunities ETF

An institutional investor recently raised its position in Simplify Propel Opportunities ETF stock. Pathstone Holdings LLC lifted its position in Simplify Propel Opportunities ETF (NYSEARCA:SURIFree Report) by 4.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,479 shares of the company’s stock after purchasing an additional 3,755 shares during the period. Pathstone Holdings LLC owned about 2.05% of Simplify Propel Opportunities ETF worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Simplify Propel Opportunities ETF Stock Up 1.1%

Shares of SURI traded up $0.20 during mid-day trading on Tuesday, reaching $17.90. The company had a trading volume of 981 shares, compared to its average volume of 7,149. Simplify Propel Opportunities ETF has a 52-week low of $14.70 and a 52-week high of $18.50. The stock has a 50 day moving average of $17.39 and a two-hundred day moving average of $16.99.

About Simplify Propel Opportunities ETF

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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.

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