Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Short Interest Update

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 99,431 shares, a drop of 95.3% from the December 15th total of 2,115,427 shares. Based on an average daily trading volume, of 388,139 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 388,139 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Simplify Managed Futures Strategy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. MGO One Seven LLC increased its holdings in shares of Simplify Managed Futures Strategy ETF by 2.7% during the third quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock worth $392,000 after buying an additional 373 shares in the last quarter. IFP Advisors Inc increased its holdings in Simplify Managed Futures Strategy ETF by 4.8% in the 3rd quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock worth $273,000 after purchasing an additional 451 shares in the last quarter. CoreCap Advisors LLC raised its position in Simplify Managed Futures Strategy ETF by 34.0% in the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock valued at $55,000 after purchasing an additional 502 shares during the last quarter. L.M. Kohn & Company boosted its stake in shares of Simplify Managed Futures Strategy ETF by 7.9% during the second quarter. L.M. Kohn & Company now owns 12,321 shares of the company’s stock valued at $329,000 after purchasing an additional 897 shares in the last quarter. Finally, Reyes Financial Architecture Inc. raised its stake in Simplify Managed Futures Strategy ETF by 22.5% during the second quarter. Reyes Financial Architecture Inc. now owns 4,927 shares of the company’s stock worth $132,000 after buying an additional 905 shares during the last quarter.

Simplify Managed Futures Strategy ETF Trading Up 1.4%

Shares of CTA stock traded up $0.38 during trading hours on Wednesday, reaching $28.35. The company’s stock had a trading volume of 199,860 shares, compared to its average volume of 410,218. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week high of $30.21. The firm’s 50 day simple moving average is $27.21 and its 200-day simple moving average is $27.53.

Simplify Managed Futures Strategy ETF Company Profile

The Simplify Managed Futures Strategy ETF (CTA) is an exchange-traded fund that mostly invests in global macro alternatives. The fund seeks absolute returns that have low correlation to the equities market. The actively managed fund uses futures in commodity, currency, and fixed income. CTA was launched on Mar 7, 2022 and is managed by Simplify.