Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Stock Short Interest Drops 39.9%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,538 shares, a decline of 39.9% from the August 31st total of 5,882 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 28,027 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of HARD. Straight Path Wealth Management raised its position in Simplify Commodities Strategy No K-1 ETF by 6.6% during the 4th quarter. Straight Path Wealth Management now owns 9,750 shares of the company’s stock worth $289,000 after buying an additional 600 shares during the last quarter. Summit Global Investments acquired a new stake in Simplify Commodities Strategy No K-1 ETF during the 1st quarter valued at $418,000. Private Advisor Group LLC lifted its position in shares of Simplify Commodities Strategy No K-1 ETF by 25.4% in the first quarter. Private Advisor Group LLC now owns 32,810 shares of the company’s stock valued at $1,160,000 after acquiring an additional 6,643 shares in the last quarter. Park Edge Advisors LLC raised its stake in Simplify Commodities Strategy No K-1 ETF by 8.2% in the 1st quarter. Park Edge Advisors LLC now owns 53,492 shares of the company’s stock valued at $1,892,000 after purchasing an additional 4,042 shares during the last quarter. Finally, Longview Financial Advisors Inc. boosted its stake in shares of Simplify Commodities Strategy No K-1 ETF by 5.7% during the 1st quarter. Longview Financial Advisors Inc. now owns 229,783 shares of the company’s stock worth $8,127,000 after purchasing an additional 12,343 shares during the last quarter.

Simplify Commodities Strategy No K-1 ETF Price Performance

HARD stock opened at $33.31 on Wednesday. The business’s 50-day moving average is $33.06 and its two-hundred day moving average is $33.25. Simplify Commodities Strategy No K-1 ETF has a 1 year low of $28.52 and a 1 year high of $37.63.

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.