Short Interest in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Drops By 95.3%

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 99,431 shares, a decline of 95.3% from the December 15th total of 2,115,427 shares. Based on an average trading volume of 388,139 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 388,139 shares, the short-interest ratio is currently 0.3 days.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA traded up $0.13 during trading on Monday, hitting $27.97. 348,546 shares of the company’s stock were exchanged, compared to its average volume of 474,321. The business’s 50-day simple moving average is $27.19 and its 200 day simple moving average is $27.52. Simplify Managed Futures Strategy ETF has a 52-week low of $26.36 and a 52-week high of $30.21.

Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF

Hedge funds have recently modified their holdings of the stock. MGO One Seven LLC grew its stake in Simplify Managed Futures Strategy ETF by 2.7% during the third quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock valued at $392,000 after acquiring an additional 373 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 4.8% during the 3rd quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock valued at $273,000 after purchasing an additional 451 shares during the last quarter. CoreCap Advisors LLC grew its position in shares of Simplify Managed Futures Strategy ETF by 34.0% during 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. L.M. Kohn & Company increased its holdings in shares of Simplify Managed Futures Strategy ETF by 7.9% in the second quarter. L.M. Kohn & Company now owns 12,321 shares of the company’s stock worth $329,000 after purchasing an additional 897 shares during the last quarter. Finally, Reyes Financial Architecture Inc. lifted its position in shares of Simplify Managed Futures Strategy ETF by 22.5% in the second quarter. Reyes Financial Architecture Inc. now owns 4,927 shares of the company’s stock worth $132,000 after buying an additional 905 shares in the last quarter.

About Simplify Managed Futures Strategy ETF

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.