Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Sees Large Decrease in Short Interest

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 7,440 shares, a decrease of 46.9% from the May 14th total of 14,024 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 68,422 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Simplify Commodities Strategy No K-1 ETF

Several institutional investors have recently added to or reduced their stakes in HARD. Jane Street Group LLC purchased a new stake in Simplify Commodities Strategy No K-1 ETF during the 2nd quarter valued at $423,000. Orion Porfolio Solutions LLC boosted its position in Simplify Commodities Strategy No K-1 ETF by 2.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 13,923 shares of the company’s stock valued at $391,000 after buying an additional 340 shares during the period. Envestnet Asset Management Inc. boosted its position in Simplify Commodities Strategy No K-1 ETF by 4.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,787 shares of the company’s stock valued at $356,000 after buying an additional 453 shares during the period. CreativeOne Wealth LLC boosted its position in Simplify Commodities Strategy No K-1 ETF by 525.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 48,727 shares of the company’s stock valued at $1,471,000 after buying an additional 40,936 shares during the period. Finally, Longview Financial Advisors Inc. boosted its position in Simplify Commodities Strategy No K-1 ETF by 1,279.7% during the 3rd quarter. Longview Financial Advisors Inc. now owns 210,634 shares of the company’s stock valued at $6,360,000 after buying an additional 195,367 shares during the period.

Simplify Commodities Strategy No K-1 ETF Trading Down 1.3%

HARD traded down $0.41 during trading on Friday, hitting $31.91. 54,871 shares of the stock traded hands, compared to its average volume of 44,574. The firm has a 50-day moving average of $34.44 and a 200 day moving average of $32.58. Simplify Commodities Strategy No K-1 ETF has a 12-month low of $27.71 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.