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

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 36,871 shares, a growth of 280.8% from the December 31st total of 9,683 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 10,201 shares, the short-interest ratio is currently 3.6 days. Based on an average daily trading volume, of 10,201 shares, the short-interest ratio is currently 3.6 days. Currently, 1.8% of the company’s stock are short sold.

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

A number of institutional investors have recently modified their holdings of the stock. Longview Financial Advisors Inc. raised its stake in shares of 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 worth $6,360,000 after purchasing an additional 195,367 shares in the last quarter. Mainstay Capital Management LLC ADV increased its holdings in Simplify Commodities Strategy No K-1 ETF by 61.1% in the second quarter. Mainstay Capital Management LLC ADV now owns 162,454 shares of the company’s stock worth $4,567,000 after buying an additional 61,590 shares during the last quarter. Napa Wealth Management lifted its stake in Simplify Commodities Strategy No K-1 ETF by 17.1% in the second quarter. Napa Wealth Management now owns 145,345 shares of the company’s stock valued at $4,086,000 after acquiring an additional 21,203 shares during the last quarter. AE Wealth Management LLC grew its position in Simplify Commodities Strategy No K-1 ETF by 5,711.4% in the fourth quarter. AE Wealth Management LLC now owns 136,103 shares of the company’s stock worth $4,034,000 after acquiring an additional 133,761 shares in the last quarter. Finally, Park Edge Advisors LLC increased its stake in shares of Simplify Commodities Strategy No K-1 ETF by 15.4% during the 3rd quarter. Park Edge Advisors LLC now owns 51,385 shares of the company’s stock worth $1,552,000 after purchasing an additional 6,861 shares during the last quarter.

Simplify Commodities Strategy No K-1 ETF Trading Down 4.3%

NYSEARCA:HARD traded down $1.41 on Friday, hitting $31.09. 38,264 shares of the company’s stock traded hands, compared to its average volume of 18,458. Simplify Commodities Strategy No K-1 ETF has a 1 year low of $27.31 and a 1 year high of $33.65. The firm has a 50-day moving average price of $30.08 and a 200-day moving average price of $30.02.

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.