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

Simplify Bond Bull ETF (NYSEARCA:RFIX) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 13,089 shares, a drop 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.

Institutional Trading of Simplify Bond Bull ETF

A hedge fund recently bought a new position in Simplify Bond Bull ETF stock. GK Wealth Management LLC bought a new stake in Simplify Bond Bull ETF (NYSEARCA:RFIX) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 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 at the end of the most recent quarter.

Simplify Bond Bull ETF Stock Performance

RFIX stock traded down $0.15 during trading on Friday, hitting $35.66. The company had a trading volume of 395,540 shares, compared to its average volume of 563,235. Simplify Bond Bull ETF has a 1-year low of $34.42 and a 1-year high of $43.70. The firm has a 50-day moving average price of $36.25 and a 200-day moving average price of $38.05.

About Simplify Bond Bull ETF

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.