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

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 11,947 shares, a growth of 58.4% from the February 26th total of 7,540 shares. Based on an average daily trading volume, of 57,358 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Investors Weigh In On Simplify Commodities Strategy No K-1 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of HARD. Envestnet Asset Management Inc. increased its stake in shares of Simplify Commodities Strategy No K-1 ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 11,334 shares of the company’s stock valued at $319,000 after buying an additional 569 shares during the period. CreativeOne Wealth LLC bought a new position in Simplify Commodities Strategy No K-1 ETF during the 2nd quarter worth about $219,000. Napa Wealth Management increased its position in 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. Jane Street Group LLC bought a new stake in shares of Simplify Commodities Strategy No K-1 ETF in the 2nd quarter valued at about $423,000. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 2.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 13,923 shares of the company’s stock valued at $391,000 after purchasing an additional 340 shares in the last quarter.

Simplify Commodities Strategy No K-1 ETF Price Performance

HARD stock traded up $1.12 during mid-day trading on Friday, reaching $35.19. The company had a trading volume of 137,885 shares, compared to its average volume of 36,447. The firm has a 50 day moving average of $32.73 and a 200 day moving average of $31.07. Simplify Commodities Strategy No K-1 ETF has a 12 month low of $27.31 and a 12 month high of $36.03.

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.