Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) Short Interest Update

by · The Cerbat Gem

Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 107,965 shares, an increase of 258.7% from the November 30th total of 30,103 shares. Approximately 3.2% of the company’s stock are sold short. Based on an average daily trading volume, of 323,432 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 323,432 shares, the short-interest ratio is presently 0.3 days. Approximately 3.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC increased its stake in shares of Simplify Interest Rate Hedge ETF by 2.6% during the 2nd quarter. Jane Street Group LLC now owns 416,853 shares of the company’s stock worth $22,027,000 after purchasing an additional 10,631 shares during the last quarter. Drum Hill Capital LLC lifted its position in shares of Simplify Interest Rate Hedge ETF by 1.6% in the third quarter. Drum Hill Capital LLC now owns 112,121 shares of the company’s stock worth $5,401,000 after buying an additional 1,801 shares during the last quarter. Ausdal Financial Partners Inc. raised its stake in shares of Simplify Interest Rate Hedge ETF by 599.5% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 86,032 shares of the company’s stock valued at $4,144,000 after acquiring an additional 73,733 shares in the last quarter. Holcombe Financial Inc. raised its stake in shares of Simplify Interest Rate Hedge ETF by 2.2% in the 3rd quarter. Holcombe Financial Inc. now owns 85,784 shares of the company’s stock valued at $4,132,000 after acquiring an additional 1,820 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Simplify Interest Rate Hedge ETF by 885.6% during the third quarter. Envestnet Asset Management Inc. now owns 84,374 shares of the company’s stock valued at $4,064,000 after purchasing an additional 75,813 shares during the last quarter.

Simplify Interest Rate Hedge ETF Price Performance

Shares of PFIX traded down $0.82 during trading hours on Thursday, reaching $47.02. The company’s stock had a trading volume of 27,220 shares, compared to its average volume of 235,521. Simplify Interest Rate Hedge ETF has a 1-year low of $43.65 and a 1-year high of $65.15. The company has a 50 day moving average of $47.58 and a two-hundred day moving average of $51.41.

Simplify Interest Rate Hedge ETF Company Profile

(Get Free Report)

The Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS). PFIX was launched on May 10, 2021 and is managed by Simplify.

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