Short Interest in Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Increases By 341.7%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 32,866 shares, an increase of 341.7% from the May 31st total of 7,440 shares. Based on an average daily volume of 41,539 shares, the short-interest ratio is presently 0.8 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HARD. Global Retirement Partners LLC boosted its holdings in shares of Simplify Commodities Strategy No K-1 ETF by 237.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,603 shares of the company’s stock valued at $48,000 after acquiring an additional 1,128 shares in the last quarter. CWM LLC raised its position in Simplify Commodities Strategy No K-1 ETF by 1,099.7% in the fourth quarter. CWM LLC now owns 3,839 shares of the company’s stock valued at $114,000 after purchasing an additional 3,519 shares during the last quarter. Straight Path Wealth Management raised its position in Simplify Commodities Strategy No K-1 ETF by 6.6% in the fourth quarter. Straight Path Wealth Management now owns 9,750 shares of the company’s stock valued at $289,000 after purchasing an additional 600 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Simplify Commodities Strategy No K-1 ETF by 4.0% during the third quarter. Envestnet Asset Management Inc. now owns 11,787 shares of the company’s stock valued at $356,000 after purchasing an additional 453 shares in the last quarter. Finally, Summit Global Investments acquired a new stake in shares of Simplify Commodities Strategy No K-1 ETF during the first quarter valued at about $418,000.

Simplify Commodities Strategy No K-1 ETF Price Performance

HARD stock traded down $0.28 during trading on Friday, reaching $29.61. 31,041 shares of the company were exchanged, compared to its average volume of 48,223. The company has a 50-day moving average of $33.70 and a two-hundred day moving average of $32.66. Simplify Commodities Strategy No K-1 ETF has a twelve month low of $27.75 and a twelve 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.