Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Short Interest Update

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 18,379 shares, a decline of 61.1% from the July 15th total of 47,229 shares. Based on an average daily trading volume, of 31,555 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.7% of the company’s shares are sold short.

Simplify Commodities Strategy No K-1 ETF Stock Performance

NYSEARCA HARD traded up $0.36 during trading on Friday, hitting $31.74. The stock had a trading volume of 12,416 shares, compared to its average volume of 44,698. The firm has a 50 day moving average price of $30.97 and a 200 day moving average price of $32.86. Simplify Commodities Strategy No K-1 ETF has a twelve month low of $28.21 and a twelve month high of $37.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its position in shares of Simplify Commodities Strategy No K-1 ETF by 237.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,603 shares of the company’s stock worth $48,000 after purchasing an additional 1,128 shares during the last quarter. CWM LLC grew its stake in shares of Simplify Commodities Strategy No K-1 ETF by 1,099.7% during the fourth quarter. CWM LLC now owns 3,839 shares of the company’s stock worth $114,000 after purchasing an additional 3,519 shares in the last quarter. Straight Path Wealth Management increased its holdings in Simplify Commodities Strategy No K-1 ETF by 6.6% in the fourth quarter. Straight Path Wealth Management now owns 9,750 shares of the company’s stock valued at $289,000 after buying an additional 600 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Simplify Commodities Strategy No K-1 ETF by 4.0% in the third quarter. Envestnet Asset Management Inc. now owns 11,787 shares of the company’s stock valued at $356,000 after buying an additional 453 shares during the last quarter. Finally, Hilltop Holdings Inc. raised its stake in Simplify Commodities Strategy No K-1 ETF by 6.6% in the third quarter. Hilltop Holdings Inc. now owns 12,081 shares of the company’s stock valued at $365,000 after buying an additional 747 shares in the last quarter.

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.