Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Sees Large Drop in Short Interest
by Teresa Graham · The Cerbat GemSimplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD – Get Free Report) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 18,880 shares, a decline of 88.4% from the March 31st total of 162,961 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 61,688 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On Simplify Commodities Strategy No K-1 ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. CreativeOne Wealth LLC grew its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 525.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 48,727 shares of the company’s stock valued at $1,471,000 after purchasing an additional 40,936 shares during the last quarter. Holcombe Financial Inc. bought a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the 4th quarter valued at approximately $783,000. Whalen Wealth Management Inc. bought a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the 4th quarter valued at approximately $1,212,000. Longview Financial Advisors Inc. grew its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 1,279.7% during the 3rd quarter. Longview Financial Advisors Inc. now owns 210,634 shares of the company’s stock valued at $6,360,000 after purchasing an additional 195,367 shares during the last quarter. Finally, AE Wealth Management LLC grew its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 5,711.4% during the 4th quarter. AE Wealth Management LLC now owns 136,103 shares of the company’s stock valued at $4,034,000 after purchasing an additional 133,761 shares during the last quarter.
Simplify Commodities Strategy No K-1 ETF Trading Up 0.3%
Shares of Simplify Commodities Strategy No K-1 ETF stock traded up $0.11 during midday trading on Friday, hitting $34.29. 12,210 shares of the company traded hands, compared to its average volume of 43,946. The firm’s fifty day moving average price is $33.92 and its 200-day moving average price is $31.58. Simplify Commodities Strategy No K-1 ETF has a 12 month low of $27.59 and a 12 month high of $36.66.
About Simplify Commodities Strategy No K-1 ETF
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.