Short Interest in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Increases By 187.1%

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 642,442 shares, a growth of 187.1% from the February 12th total of 223,801 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average trading volume of 341,844 shares, the short-interest ratio is currently 1.9 days. Based on an average trading volume of 341,844 shares, the short-interest ratio is currently 1.9 days. Approximately 1.5% of the shares of the stock are sold short.

Simplify Managed Futures Strategy ETF Trading Down 0.2%

Shares of Simplify Managed Futures Strategy ETF stock traded down $0.05 during trading on Friday, hitting $30.44. The stock had a trading volume of 846,557 shares, compared to its average volume of 475,001. The business has a fifty day moving average of $28.80 and a two-hundred day moving average of $27.98. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week high of $30.66.

Simplify Managed Futures Strategy ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were issued a dividend of $0.15 per share. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Tuesday, February 24th.

Institutional Trading of Simplify Managed Futures Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Cowa LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 13.0% in the 3rd quarter. Cowa LLC now owns 231,664 shares of the company’s stock worth $6,480,000 after acquiring an additional 26,645 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter valued at $844,000. Boothe Investment Group Inc. raised its position in Simplify Managed Futures Strategy ETF by 44.0% in the 3rd quarter. Boothe Investment Group Inc. now owns 1,572,122 shares of the company’s stock valued at $43,972,000 after purchasing an additional 480,429 shares during the last quarter. MAI Capital Management acquired a new position in Simplify Managed Futures Strategy ETF in the third quarter worth $5,291,000. Finally, Delta Investment Management LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 53.2% during the third quarter. Delta Investment Management LLC now owns 54,075 shares of the company’s stock worth $1,512,000 after purchasing an additional 18,773 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.