Simplify Propel Opportunities ETF (NYSEARCA:SURI) Short Interest Down 72.9% in January

by · The Markets Daily

Simplify Propel Opportunities ETF (NYSEARCA:SURI – Get Free Report) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 3,495 shares, a decline of 72.9% from the December 31st total of 12,912 shares. Based on an average daily volume of 3,810 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,810 shares, the short-interest ratio is currently 0.9 days.

Simplify Propel Opportunities ETF Stock Down 1.5%

Shares of SURI traded down $0.25 during mid-day trading on Wednesday, hitting $16.85. The company’s stock had a trading volume of 2,854 shares, compared to its average volume of 3,464. The firm has a 50-day simple moving average of $17.21 and a 200 day simple moving average of $16.40. Simplify Propel Opportunities ETF has a 1-year low of $12.71 and a 1-year high of $18.20.

Hedge Funds Weigh In On Simplify Propel Opportunities ETF

A hedge fund recently bought a new stake in Simplify Propel Opportunities ETF stock. Brookwood Investment Group LLC acquired a new position in shares of Simplify Propel Opportunities ETF (NYSEARCA:SURI – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 80,338 shares of the company’s stock, valued at approximately $1,253,000. Brookwood Investment Group LLC owned approximately 1.80% of Simplify Propel Opportunities ETF at the end of the most recent quarter.

About Simplify Propel Opportunities ETF

(Get Free Report)

The Simplify Propel Opportunities ETF (SURI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund employs an actively managed, multi-asset strategy that focuses on equity and debt securities of companies in the healthcare sector. The fund selects securities believed to be attractive investment opportunities SURI was launched on Feb 7, 2023 and is managed by Simplify.

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