Short Interest in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Rises By 187.1%

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 642,442 shares, an increase of 187.1% from the February 12th total of 223,801 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 341,844 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 341,844 shares, the short-interest ratio is presently 1.9 days. Currently, 1.5% of the company’s stock are short sold.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA traded up $0.22 during midday trading on Thursday, hitting $30.49. The stock had a trading volume of 543,258 shares, compared to its average volume of 467,257. The company has a 50 day simple moving average of $28.80 and a two-hundred day simple moving average of $27.98. Simplify Managed Futures Strategy ETF has a twelve month low of $26.36 and a twelve month high of $30.66.

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 24th. This is a boost from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

Institutional Investors Weigh In On Simplify Managed Futures Strategy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of CTA. MGO One Seven LLC boosted its position in Simplify Managed Futures Strategy ETF by 2.7% during the 3rd quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock worth $392,000 after acquiring an additional 373 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of Simplify Managed Futures Strategy ETF by 4.8% in the third 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 lifted its position in shares of Simplify Managed Futures Strategy ETF by 34.0% in the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock worth $55,000 after purchasing an additional 502 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Simplify Managed Futures Strategy ETF by 4.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 12,238 shares of the company’s stock worth $334,000 after purchasing an additional 508 shares in the last quarter. Finally, J.Safra Asset Management Corp boosted its holdings in Simplify Managed Futures Strategy ETF by 10.0% during the fourth quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock worth $158,000 after purchasing an additional 527 shares during the last quarter.

Simplify Managed Futures Strategy ETF Company Profile

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.