Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 640,802 shares, a decrease of 45.5% from the September 30th total of 1,176,712 shares. Based on an average trading volume of 792,847 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.3% of the company’s stock are sold short.
Simplify Managed Futures Strategy ETF Price Performance
CTA stock traded down $0.01 during mid-day trading on Friday, hitting $29.94. 397,488 shares of the company were exchanged, compared to its average volume of 599,352. Simplify Managed Futures Strategy ETF has a twelve month low of $25.39 and a twelve month high of $32.76. The firm has a fifty day simple moving average of $29.33 and a 200 day simple moving average of $28.94.
Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF
Several large investors have recently modified their holdings of CTA. Roan Capital Partners increased its holdings in shares of Simplify Managed Futures Strategy ETF by 0.5% in the third quarter. Roan Capital Partners now owns 96,910 shares of the company’s stock valued at $2,795,000 after buying an additional 493 shares in the last quarter. MGO One Seven LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 4.4% during the 3rd quarter. MGO One Seven LLC now owns 14,744 shares of the company’s stock worth $425,000 after acquiring an additional 616 shares in the last quarter. Choreo LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 9.1% during the 3rd quarter. Choreo LLC now owns 8,533 shares of the company’s stock worth $246,000 after acquiring an additional 711 shares in the last quarter. Signature Equity Partners LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 639.2% in the 1st quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock worth $27,000 after acquiring an additional 767 shares during the last quarter. Finally, CAP Partners LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 5.3% in the 1st quarter. CAP Partners LLC now owns 15,642 shares of the company’s stock worth $473,000 after acquiring an additional 782 shares during the last quarter.
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.
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