Short Interest in Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Drops By 48.7%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 9,683 shares, a drop of 48.7% from the December 15th total of 18,858 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 21,881 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 21,881 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the shares of the stock are short sold.

Simplify Commodities Strategy No K-1 ETF Stock Down 1.5%

NYSEARCA HARD traded down $0.47 on Thursday, hitting $30.41. 14,498 shares of the company’s stock were exchanged, compared to its average volume of 10,150. The stock has a 50-day moving average of $29.87 and a 200-day moving average of $29.84. Simplify Commodities Strategy No K-1 ETF has a 52 week low of $27.31 and a 52 week high of $33.65.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HARD. IFP Advisors Inc bought a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the 2nd quarter valued at approximately $64,000. AE Wealth Management LLC increased its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 6,788.2% during the third quarter. AE Wealth Management LLC now owns 2,342 shares of the company’s stock worth $71,000 after buying an additional 2,308 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of Simplify Commodities Strategy No K-1 ETF in the 2nd quarter valued at $219,000. Straight Path Wealth Management acquired a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the 2nd quarter valued at $250,000. Finally, Bluesphere Advisors LLC bought a new stake in Simplify Commodities Strategy No K-1 ETF during the 2nd quarter worth $301,000.

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.