Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Short Interest Update

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 3,401,605 shares, an increase of 205.8% from the May 14th total of 1,112,201 shares. Currently, 6.5% of the shares of the stock are sold short. Based on an average daily volume of 639,415 shares, the days-to-cover ratio is presently 5.3 days.

Simplify Managed Futures Strategy ETF Trading Down 1.2%

Simplify Managed Futures Strategy ETF stock opened at $28.25 on Friday. The stock has a 50-day moving average price of $30.27 and a 200 day moving average price of $29.08. Simplify Managed Futures Strategy ETF has a 52 week low of $26.36 and a 52 week high of $32.76.

Institutional Trading of Simplify Managed Futures Strategy ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CTA. Signature Equity Partners LLC grew its holdings in Simplify Managed Futures Strategy ETF by 639.2% in the 1st quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock valued at $27,000 after buying an additional 767 shares during the period. MBM Wealth Consultants LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $28,000. WFA of San Diego LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at about $36,000. Comerica Bank grew its holdings in Simplify Managed Futures Strategy ETF by 71,450.0% in the 3rd quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after buying an additional 1,429 shares during the period. Finally, Parallel Advisors LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $42,000.

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.