Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report) was the recipient of a significant 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. Based on an average daily trading volume, of 416,940 shares, the short-interest ratio is currently 1.8 days. Approximately 1.3% of the shares of the stock are short sold.
Institutional Trading of Simplify Managed Futures Strategy ETF
Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in shares of Simplify Managed Futures Strategy ETF by 336.9% in the first quarter. Bank of America Corp DE now owns 4,467,832 shares of the company’s stock worth $135,018,000 after purchasing an additional 3,445,308 shares during the period. Boothe Investment Group Inc. grew its position in Simplify Managed Futures Strategy ETF by 0.6% during the first quarter. Boothe Investment Group Inc. now owns 1,738,929 shares of the company’s stock worth $52,550,000 after buying an additional 10,425 shares in the last quarter. LPL Financial LLC grew its position in Simplify Managed Futures Strategy ETF by 28.8% during the fourth quarter. LPL Financial LLC now owns 1,072,343 shares of the company’s stock worth $29,232,000 after buying an additional 239,712 shares in the last quarter. Independence Wealth Advisors LLC increased its stake in Simplify Managed Futures Strategy ETF by 6.9% in the 1st quarter. Independence Wealth Advisors LLC now owns 951,474 shares of the company’s stock worth $28,754,000 after acquiring an additional 61,423 shares during the last quarter. Finally, IAG Wealth Partners LLC increased its stake in Simplify Managed Futures Strategy ETF by 4.6% in the 4th quarter. IAG Wealth Partners LLC now owns 811,968 shares of the company’s stock worth $22,134,000 after acquiring an additional 35,670 shares during the last quarter.
Simplify Managed Futures Strategy ETF Trading Down 0.1%
Shares of Simplify Managed Futures Strategy ETF stock traded down $0.04 on Monday, reaching $30.25. The stock had a trading volume of 1,375,808 shares, compared to its average volume of 599,549. The business’s 50 day moving average is $27.45 and its two-hundred day moving average is $28.84. Simplify Managed Futures Strategy ETF has a 1 year low of $25.39 and a 1 year high of $32.76.
About Simplify Managed Futures Strategy ETF
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.
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