Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Sees Significant Growth in Short Interest

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 39,331 shares, a growth of 1,011.7% from the September 15th total of 3,538 shares. Based on an average daily trading volume, of 27,780 shares, the short-interest ratio is currently 1.4 days. Approximately 2.4% of the shares of the company are sold short.

Institutional Trading of Simplify Commodities Strategy No K-1 ETF

Several 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 0.8% in the 3rd quarter. Longview Financial Advisors Inc. now owns 242,659 shares of the company’s stock worth $8,173,000 after purchasing an additional 2,015 shares during the last quarter. Whalen Wealth Management Inc. bought a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the third quarter valued at approximately $1,090,000. Summit Global Investments bought a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the first quarter valued at approximately $418,000. Private Advisor Group LLC boosted its position in shares of Simplify Commodities Strategy No K-1 ETF by 25.4% during the first quarter. Private Advisor Group LLC now owns 32,810 shares of the company’s stock worth $1,160,000 after buying an additional 6,643 shares during the period. Finally, Park Edge Advisors LLC boosted its position in shares of Simplify Commodities Strategy No K-1 ETF by 8.2% during the first quarter. Park Edge Advisors LLC now owns 53,492 shares of the company’s stock worth $1,892,000 after buying an additional 4,042 shares during the period.

Simplify Commodities Strategy No K-1 ETF Stock Performance

HARD stock traded down $0.29 during mid-day trading on Friday, reaching $34.11. The company had a trading volume of 3,412 shares, compared to its average volume of 43,180. Simplify Commodities Strategy No K-1 ETF has a one year low of $28.52 and a one year high of $37.63. The stock’s 50-day simple moving average is $33.40 and its two-hundred day simple moving average is $33.19.

Simplify Commodities Strategy No K-1 ETF Company Profile

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.