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

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 748,786 shares, an increase of 168.5% from the August 15th total of 278,928 shares. Approximately 1.3% of the shares of the stock are sold short. Based on an average trading volume of 416,940 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Investors Weigh In On Simplify Managed Futures Strategy ETF

Several institutional investors and hedge funds have recently bought and sold shares of CTA. Northwestern Mutual Wealth Management Co. increased its position in Simplify Managed Futures Strategy ETF by 4.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,238 shares of the company’s stock valued at $334,000 after acquiring an additional 508 shares during the period. J.Safra Asset Management Corp lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 10.0% during the fourth quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock worth $158,000 after purchasing an additional 527 shares during the period. Betterment LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 3.7% in the fourth quarter. Betterment LLC now owns 20,722 shares of the company’s stock worth $565,000 after purchasing an additional 736 shares during the last quarter. Signature Equity Partners LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 639.2% in the first quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock worth $27,000 after purchasing an additional 767 shares during the last quarter. Finally, CAP Partners LLC increased its holdings in Simplify Managed Futures Strategy ETF by 5.3% in the first quarter. CAP Partners LLC now owns 15,642 shares of the company’s stock valued at $473,000 after purchasing an additional 782 shares during the period.

Simplify Managed Futures Strategy ETF Price Performance

CTA opened at $30.29 on Friday. Simplify Managed Futures Strategy ETF has a 52-week low of $25.39 and a 52-week high of $32.76. The business’s fifty day moving average is $27.45 and its 200-day moving average is $28.85.

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.