Short Interest in Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Grows By 280.8%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 36,871 shares, an increase of 280.8% from the December 31st total of 9,683 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 10,201 shares, the days-to-cover ratio is presently 3.6 days. Based on an average daily volume of 10,201 shares, the days-to-cover ratio is presently 3.6 days. Currently, 1.8% of the shares of the company are sold short.

Institutional Trading of Simplify Commodities Strategy No K-1 ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Longview Financial Advisors Inc. grew its position in Simplify Commodities Strategy No K-1 ETF by 1,279.7% during the third quarter. Longview Financial Advisors Inc. now owns 210,634 shares of the company’s stock worth $6,360,000 after buying an additional 195,367 shares in the last quarter. AE Wealth Management LLC boosted its position 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 acquiring an additional 133,761 shares during the last quarter. Mainstay Capital Management LLC ADV grew its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 61.1% during the second quarter. Mainstay Capital Management LLC ADV now owns 162,454 shares of the company’s stock worth $4,567,000 after purchasing an additional 61,590 shares in the last quarter. CreativeOne Wealth LLC increased its position in shares of Simplify Commodities Strategy No K-1 ETF by 525.4% in the third quarter. CreativeOne Wealth LLC now owns 48,727 shares of the company’s stock worth $1,471,000 after purchasing an additional 40,936 shares during the last quarter. Finally, Whalen Wealth Management Inc. bought a new position in shares of Simplify Commodities Strategy No K-1 ETF in the fourth quarter worth approximately $1,212,000.

Simplify Commodities Strategy No K-1 ETF Price Performance

Shares of HARD traded up $0.46 during trading hours on Wednesday, hitting $32.20. The company’s stock had a trading volume of 40,758 shares, compared to its average volume of 16,753. The business has a 50 day simple moving average of $29.96 and a two-hundred day simple moving average of $29.98. Simplify Commodities Strategy No K-1 ETF has a 52-week low of $27.31 and a 52-week high of $33.65.

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.