Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Sees Significant Drop in Short Interest

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 1,626 shares, a decline of 95.2% from the October 15th total of 34,063 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 14,409 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Simplify Commodities Strategy No K-1 ETF

A number of hedge funds have recently bought and sold shares of the company. Straight Path Wealth Management raised its holdings in Simplify Commodities Strategy No K-1 ETF by 11.5% in the third quarter. Straight Path Wealth Management now owns 11,175 shares of the company’s stock worth $376,000 after buying an additional 1,150 shares during the last quarter. Longview Financial Advisors Inc. grew its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 0.8% during the third quarter. Longview Financial Advisors Inc. now owns 242,659 shares of the company’s stock valued at $8,173,000 after buying an additional 2,015 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the third quarter valued at approximately $116,000. Summit Global Investments increased its position in shares of Simplify Commodities Strategy No K-1 ETF by 24.9% during the third quarter. Summit Global Investments now owns 19,814 shares of the company’s stock valued at $667,000 after acquiring an additional 3,952 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of Simplify Commodities Strategy No K-1 ETF by 25.4% during the first quarter. Private Advisor Group LLC now owns 32,810 shares of the company’s stock valued at $1,160,000 after acquiring an additional 6,643 shares in the last quarter.

Simplify Commodities Strategy No K-1 ETF Trading Up 0.2%

Simplify Commodities Strategy No K-1 ETF stock traded up $0.07 during mid-day trading on Wednesday, hitting $31.33. The company had a trading volume of 7,109 shares, compared to its average volume of 39,866. Simplify Commodities Strategy No K-1 ETF has a 12 month low of $28.52 and a 12 month high of $37.63. The stock’s 50 day moving average price is $34.47 and its two-hundred day moving average price is $33.25.

Simplify Commodities Strategy No K-1 ETF Company Profile

The Simplify Commodities Strategy No K-1 ETF (HARD) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed ETF that targets futures contracts on hard commodities, making use of long\u002Fshort models, anticipated to perform positivelyduring inflationary periods. HARD was launched on Mar 27, 2023 and is managed by Simplify.