Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Up 7,719.8% in June

Simplify Bond Bull ETF (NYSEARCA:RFIX) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 77,494 shares, a growth of 7,719.8% from the June 15th total of 991 shares. Based on an average daily trading volume, of 487,525 shares, the short-interest ratio is currently 0.2 days. Currently, 5.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in shares of Simplify Bond Bull ETF by 104.3% in the 4th quarter. Jane Street Group LLC now owns 694,417 shares of the company’s stock valued at $25,199,000 after purchasing an additional 354,584 shares in the last quarter. True Wealth Design LLC increased its position in Simplify Bond Bull ETF by 5.0% during the 4th quarter. True Wealth Design LLC now owns 166,412 shares of the company’s stock worth $6,039,000 after purchasing an additional 7,973 shares in the last quarter. Prosperity Wealth Management Inc. increased its position in Simplify Bond Bull ETF by 63.3% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 26,452 shares of the company’s stock worth $1,130,000 after purchasing an additional 10,256 shares in the last quarter. Principal Securities Inc. lifted its stake in Simplify Bond Bull ETF by 33.4% in the 4th quarter. Principal Securities Inc. now owns 10,443 shares of the company’s stock valued at $379,000 after purchasing an additional 2,613 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Simplify Bond Bull ETF by 14.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,830 shares of the company’s stock valued at $334,000 after purchasing an additional 1,018 shares during the last quarter.

Simplify Bond Bull ETF Price Performance

Shares of RFIX stock traded down $0.47 on Friday, hitting $37.45. 162,318 shares of the company’s stock were exchanged, compared to its average volume of 624,281. Simplify Bond Bull ETF has a 12 month low of $35.31 and a 12 month high of $46.25. The company has a 50 day moving average of $38.79 and a 200 day moving average of $38.92.

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.