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

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

Simplify Managed Futures Strategy ETF Stock Up 1.7%

NYSEARCA:CTA traded up $0.48 during trading hours on Wednesday, hitting $28.81. The stock had a trading volume of 690,540 shares, compared to its average volume of 605,579. The company has a 50 day simple moving average of $28.18 and a two-hundred day simple moving average of $28.80. Simplify Managed Futures Strategy ETF has a one year low of $25.39 and a one year high of $32.76.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CTA. Signature Equity Partners LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 639.2% in the first quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock valued at $27,000 after acquiring an additional 767 shares in the last quarter. CAP Partners LLC raised its position in Simplify Managed Futures Strategy ETF by 5.3% in the 1st quarter. CAP Partners LLC now owns 15,642 shares of the company’s stock worth $473,000 after buying an additional 782 shares during the last quarter. MBM Wealth Consultants LLC bought a new position in shares of Simplify Managed Futures Strategy ETF in the first quarter worth about $28,000. Compass Financial Management LLC bought a new position in Simplify Managed Futures Strategy ETF during the second quarter valued at $26,000. Finally, Professional Financial Advisors LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 1.5% in the second quarter. Professional Financial Advisors LLC now owns 77,564 shares of the company’s stock valued at $2,012,000 after acquiring an additional 1,127 shares in the last quarter.

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.