Short Interest in Simplify Bond Bull ETF (NYSEARCA:RFIX) Expands By 132.0%

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 7,042 shares, a growth of 132.0% from the May 14th total of 3,035 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 771,842 shares, the short-interest ratio is currently 0.0 days.

Simplify Bond Bull ETF Price Performance

RFIX stock opened at $38.63 on Monday. The firm’s fifty day simple moving average is $38.87 and its 200-day simple moving average is $39.04. Simplify Bond Bull ETF has a 12 month low of $35.31 and a 12 month high of $49.09.

Hedge Funds Weigh In On Simplify Bond Bull ETF

Large investors have recently made changes to their positions in the company. Cove Street Capital LLC lifted its stake in shares of Simplify Bond Bull ETF by 59.5% in the 3rd quarter. Cove Street Capital LLC now owns 2,075 shares of the company’s stock valued at $89,000 after purchasing an additional 774 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Simplify Bond Bull ETF in the 2nd quarter valued at $195,000. Envestnet Asset Management Inc. lifted its stake in shares of 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 period. Principal Securities Inc. lifted its stake in shares of 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 period. Finally, Jane Street Group LLC acquired a new position in shares of Simplify Bond Bull ETF in the 1st quarter valued at $599,000.

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.