Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Short Interest Up 322.4% in December

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 18,858 shares, an increase of 322.4% from the November 30th total of 4,464 shares. Based on an average daily trading volume, of 17,562 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 17,562 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HARD. Bluesphere Advisors LLC purchased a new position in shares of Simplify Commodities Strategy No K-1 ETF during the 2nd quarter valued at about $301,000. Napa Wealth Management raised its position in shares of Simplify Commodities Strategy No K-1 ETF by 17.1% during the 2nd quarter. Napa Wealth Management now owns 145,345 shares of the company’s stock valued at $4,086,000 after purchasing an additional 21,203 shares during the period. CreativeOne Wealth LLC bought a new position in Simplify Commodities Strategy No K-1 ETF in the 2nd quarter worth $219,000. IFP Advisors Inc bought a new stake in Simplify Commodities Strategy No K-1 ETF during the second quarter valued at about $64,000. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of Simplify Commodities Strategy No K-1 ETF in the second quarter valued at about $564,000.

Simplify Commodities Strategy No K-1 ETF Price Performance

Simplify Commodities Strategy No K-1 ETF stock opened at $29.99 on Thursday. The stock has a fifty day simple moving average of $29.88 and a two-hundred day simple moving average of $29.74. Simplify Commodities Strategy No K-1 ETF has a 12 month low of $25.86 and a 12 month high of $33.65.

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.