PFIX Short Interest

Simplify Interest Rate Hedge ETF (PFIX) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $165.4M, listed on AMEX, carrying a beta of -5.68 to the broader market. The Simplify Interest Rate Hedge ETF (PFIX) seeks to hedge interest rate movements arising from rising long-term interest rates and to benefit from market stress when fixed income volatility increases. public since 2021-05-11.

Short interest is the total number of shares currently sold short and not yet covered, reported bi-monthly by FINRA. Days to cover (short interest divided by average daily volume) indicates how long it would take short sellers to close positions, with higher values signaling greater squeeze potential.

Settlement Date
2026-04-30
Short Interest
47.4K
Previous Short Interest
14.1K
Change
236.33%
Days to Cover
1.00
Avg Daily Volume
466.8K
Avg Days to Cover (24 reports)
1.00

Showing 24 bi-monthly FINRA short interest reports for Simplify Interest Rate Hedge ETF.

Learn how short interest is reported and how to read the data →

Frequently asked PFIX short interest questions

What is the current PFIX short interest?
As of the Apr 30, 2026 settlement, Simplify Interest Rate Hedge ETF (PFIX) short interest is 47.4K shares, a +236.33% change from the prior period. FINRA publishes short interest twice monthly on the 15th and last business day of each month under Rule 4560.
What is the PFIX days-to-cover ratio?
Days-to-cover is 1.00, calculated as short interest divided by average daily volume. It estimates how many trading days closing all short positions would consume given typical liquidity. Values above 5 days are commonly cited as elevated; values above 10 days are squeeze-relevant.
How does PFIX short interest affect options pricing?
High short interest changes options pricing through three mechanics: borrow-rebate effects (synthetic long stock trades below frictionless put-call parity by approximately the borrow rebate when shares are hard-to-borrow), gamma-squeeze setup risk (if dealers are short gamma against retail call buying, dealer hedge flow can amplify upward moves), and elevated event-vol pricing on names with squeeze potential. See the canonical short-interest documentation for the full mechanism.