Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Short Interest Update

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 405,558 shares, a decline of 45.8% from the August 31st total of 748,786 shares. Based on an average trading volume of 1,036,387 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.8% of the company’s stock are sold short.

Simplify Managed Futures Strategy ETF Trading Up 1.4%

Shares of NYSEARCA:CTA traded up $0.41 during trading on Thursday, hitting $29.25. The company’s stock had a trading volume of 737,232 shares, compared to its average volume of 605,913. Simplify Managed Futures Strategy ETF has a fifty-two week low of $25.39 and a fifty-two week high of $32.76. The stock’s 50-day moving average price is $28.19 and its two-hundred day moving average price is $28.79.

Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF

Several institutional investors and hedge funds have recently made changes to their positions in CTA. Tidal Investments LLC raised its holdings in Simplify Managed Futures Strategy ETF by 20.4% in the second quarter. Tidal Investments LLC now owns 20,938 shares of the company’s stock valued at $543,000 after acquiring an additional 3,541 shares in the last quarter. Baird Financial Group Inc. grew its holdings in Simplify Managed Futures Strategy ETF by 25.8% during the 2nd quarter. Baird Financial Group Inc. now owns 84,463 shares of the company’s stock worth $2,191,000 after acquiring an additional 17,337 shares in the last quarter. XY Planning Network Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter worth about $209,000. Principia Wealth Advisory LLC raised its stake in shares of Simplify Managed Futures Strategy ETF by 47.1% in the 2nd quarter. Principia Wealth Advisory LLC now owns 140,243 shares of the company’s stock valued at $3,638,000 after purchasing an additional 44,936 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the second quarter worth about $2,443,000.

About Simplify Managed Futures Strategy ETF

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.