Short Interest in Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Declines By 48.7%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 9,683 shares, a decrease of 48.7% from the December 15th total of 18,858 shares. Based on an average daily volume of 21,881 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s shares are sold short. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 21,881 shares, the short-interest ratio is presently 0.4 days.

Simplify Commodities Strategy No K-1 ETF Price Performance

HARD traded down $0.47 during trading on Thursday, hitting $30.41. The company’s stock had a trading volume of 14,498 shares, compared to its average volume of 10,150. Simplify Commodities Strategy No K-1 ETF has a twelve month low of $27.31 and a twelve month high of $33.65. The stock’s fifty day moving average price is $29.87 and its 200-day moving average price is $29.84.

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

Large investors have recently bought and sold shares of the stock. Longview Financial Advisors Inc. increased its stake in Simplify Commodities Strategy No K-1 ETF by 1,279.7% in the third quarter. Longview Financial Advisors Inc. now owns 210,634 shares of the company’s stock valued at $6,360,000 after purchasing an additional 195,367 shares in the last quarter. Mainstay Capital Management LLC ADV grew its stake in shares of Simplify Commodities Strategy No K-1 ETF by 61.1% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 162,454 shares of the company’s stock valued at $4,567,000 after buying an additional 61,590 shares during the period. CreativeOne Wealth LLC increased its position in Simplify Commodities Strategy No K-1 ETF by 525.4% in 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 in the last quarter. Napa Wealth Management raised its stake in Simplify Commodities Strategy No K-1 ETF by 17.1% during the 2nd quarter. Napa Wealth Management now owns 145,345 shares of the company’s stock worth $4,086,000 after buying an additional 21,203 shares during the period. Finally, Stratos Wealth Partners LTD. bought a new position in Simplify Commodities Strategy No K-1 ETF in the second quarter worth approximately $564,000.

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.