Simplify Bond Bull ETF (NYSEARCA:RFIX) Short Interest Down 94.5% in December

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 4,044 shares, a decrease of 94.5% from the November 30th total of 74,128 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 507,895 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 507,895 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Simplify Bond Bull ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Magnolia Private Wealth LLC acquired a new stake in shares of Simplify Bond Bull ETF during the 2nd quarter valued at approximately $207,000. Fluent Financial LLC increased its position in shares of Simplify Bond Bull ETF by 24.4% in the second quarter. Fluent Financial LLC now owns 483,738 shares of the company’s stock valued at $23,519,000 after buying an additional 94,841 shares in the last quarter. Cove Street Capital LLC purchased a new stake in shares of Simplify Bond Bull ETF in the 1st quarter worth about $70,000. Envestnet Asset Management Inc. purchased a new position in Simplify Bond Bull ETF during the 2nd quarter valued at about $331,000. Finally, Montag A & Associates Inc. acquired a new position in Simplify Bond Bull ETF during the second quarter worth about $76,000.

Simplify Bond Bull ETF Price Performance

Shares of NYSEARCA RFIX traded up $0.74 during trading on Wednesday, hitting $38.60. 39,696 shares of the company were exchanged, compared to its average volume of 210,400. Simplify Bond Bull ETF has a 1 year low of $37.28 and a 1 year high of $58.95. The firm’s fifty day moving average price is $41.06 and its 200 day moving average price is $43.26.

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.