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

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 642,442 shares, an increase of 187.1% from the February 12th total of 223,801 shares. Based on an average trading volume of 341,844 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.5% of the shares of the company are short sold. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 341,844 shares, the days-to-cover ratio is currently 1.9 days.

Simplify Managed Futures Strategy ETF Trading Down 0.5%

Simplify Managed Futures Strategy ETF stock traded down $0.16 during midday trading on Wednesday, reaching $30.27. The stock had a trading volume of 275,124 shares, compared to its average volume of 465,641. Simplify Managed Futures Strategy ETF has a 12 month low of $26.36 and a 12 month high of $30.50. The firm’s 50-day moving average price is $28.68 and its 200 day moving average price is $27.94.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were given a $0.15 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 24th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Evolution Wealth Management Inc. bought a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at $31,000. WFA of San Diego LLC bought a new position in shares of Simplify Managed Futures Strategy ETF in the second quarter worth $36,000. Comerica Bank boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 71,450.0% in the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after acquiring an additional 1,429 shares during the period. Private Trust Co. NA grew its position in shares of Simplify Managed Futures Strategy ETF by 86.7% in the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after purchasing an additional 857 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in shares of Simplify Managed Futures Strategy ETF by 34.0% in the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock valued at $55,000 after purchasing an additional 502 shares in the last quarter.

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.