Simplify Bond Bull ETF (NYSEARCA:RFIX) Shares Shorted: Short Interest Down 53.7% in October

Simplify Bond Bull ETF (NYSEARCA:RFIX) saw a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 13,089 shares, a decline of 53.7% from the October 15th total of 28,251 shares. Based on an average daily trading volume, of 699,388 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.2% of the shares of the company are short sold.

Simplify Bond Bull ETF Stock Performance

Shares of Simplify Bond Bull ETF stock traded down $0.15 during trading on Friday, reaching $35.66. The company’s stock had a trading volume of 395,540 shares, compared to its average volume of 563,235. The company has a 50-day moving average price of $36.25 and a two-hundred day moving average price of $38.05. Simplify Bond Bull ETF has a fifty-two week low of $34.42 and a fifty-two week high of $43.70.

Institutional Trading of Simplify Bond Bull ETF

A hedge fund recently bought a new stake in Simplify Bond Bull ETF stock. GK Wealth Management LLC acquired a new position in shares of Simplify Bond Bull ETF (NYSEARCA:RFIX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,973 shares of the company’s stock, valued at approximately $70,000. GK Wealth Management LLC owned about 0.18% of Simplify Bond Bull ETF as of its most recent filing with the SEC.

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.