Short Interest in Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Drops By 61.1%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 18,379 shares, a drop of 61.1% from the July 15th total of 47,229 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 31,555 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Simplify Commodities Strategy No K-1 ETF

A number of large investors have recently made changes to their positions in the stock. AE Wealth Management LLC grew its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 5,711.4% in the fourth quarter. AE Wealth Management LLC now owns 136,103 shares of the company’s stock worth $4,034,000 after purchasing an additional 133,761 shares during the last quarter. Holcombe Financial Inc. purchased a new stake in Simplify Commodities Strategy No K-1 ETF in the 4th quarter valued at about $783,000. HighTower Advisors LLC bought a new position in Simplify Commodities Strategy No K-1 ETF in the 4th quarter worth about $758,000. Jane Street Group LLC bought a new position in Simplify Commodities Strategy No K-1 ETF in the 2nd quarter worth about $423,000. Finally, Longview Financial Advisors Inc. increased its position in shares of Simplify Commodities Strategy No K-1 ETF by 5.7% during the first quarter. Longview Financial Advisors Inc. now owns 229,783 shares of the company’s stock worth $8,127,000 after acquiring an additional 12,343 shares during the period.

Simplify Commodities Strategy No K-1 ETF Trading Up 1.1%

Shares of HARD traded up $0.36 during mid-day trading on Friday, reaching $31.74. 12,416 shares of the company’s stock traded hands, compared to its average volume of 44,698. The stock’s 50-day moving average is $30.97 and its two-hundred day moving average is $32.86. Simplify Commodities Strategy No K-1 ETF has a 12 month low of $28.21 and a 12 month high of $37.63.

Simplify Commodities Strategy No K-1 ETF Company Profile

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.