Short Interest in Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Grows By 21.3%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 18,498 shares, a growth of 21.3% from the January 29th total of 15,247 shares. Based on an average daily trading volume, of 32,147 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 32,147 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Global Retirement Partners LLC raised its holdings in 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 valued at $48,000 after buying an additional 1,128 shares during the last quarter. AE Wealth Management LLC increased its position in shares of Simplify Commodities Strategy No K-1 ETF by 6,788.2% in the third quarter. AE Wealth Management LLC now owns 2,342 shares of the company’s stock valued at $71,000 after acquiring an additional 2,308 shares during the period. CWM LLC boosted its holdings 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 during the period. CreativeOne Wealth LLC purchased a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the second quarter worth about $219,000. Finally, Straight Path Wealth Management grew its stake in shares of 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 worth $289,000 after purchasing an additional 600 shares during the last quarter.

Simplify Commodities Strategy No K-1 ETF Price Performance

NYSEARCA HARD opened at $33.12 on Wednesday. Simplify Commodities Strategy No K-1 ETF has a 1-year low of $27.31 and a 1-year high of $36.03. The stock has a 50-day moving average of $31.13 and a 200-day moving average of $30.50.

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.