Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 39,331 shares, a growth of 1,011.7% from the September 15th total of 3,538 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average trading volume of 27,780 shares, the short-interest ratio is presently 1.4 days.
Simplify Commodities Strategy No K-1 ETF Stock Down 0.8%
Shares of NYSEARCA:HARD traded down $0.29 during midday trading on Friday, hitting $34.11. The company had a trading volume of 3,412 shares, compared to its average volume of 43,180. Simplify Commodities Strategy No K-1 ETF has a 12 month low of $28.52 and a 12 month high of $37.63. The firm has a fifty day simple moving average of $33.40 and a 200 day simple moving average of $33.19.
Hedge Funds Weigh In On Simplify Commodities Strategy No K-1 ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HARD. Longview Financial Advisors Inc. increased its stake in shares of Simplify Commodities Strategy No K-1 ETF by 0.8% in the 3rd quarter. Longview Financial Advisors Inc. now owns 242,659 shares of the company’s stock valued at $8,173,000 after acquiring an additional 2,015 shares during the last quarter. Park Edge Advisors LLC boosted its stake in Simplify Commodities Strategy No K-1 ETF by 8.2% during the 1st quarter. Park Edge Advisors LLC now owns 53,492 shares of the company’s stock worth $1,892,000 after acquiring an additional 4,042 shares during the last quarter. Private Advisor Group LLC grew its holdings in Simplify Commodities Strategy No K-1 ETF by 25.4% during the first quarter. Private Advisor Group LLC now owns 32,810 shares of the company’s stock valued at $1,160,000 after purchasing an additional 6,643 shares during the period. Whalen Wealth Management Inc. bought a new stake in Simplify Commodities Strategy No K-1 ETF in the third quarter valued at approximately $1,090,000. Finally, Summit Global Investments bought a new stake in Simplify Commodities Strategy No K-1 ETF in the first quarter valued at approximately $418,000.
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.
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