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

by · The Markets Daily

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 748,786 shares, an increase of 168.5% from the August 15th total of 278,928 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 416,940 shares, the short-interest ratio is presently 1.8 days.

Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Compass Financial Management LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter worth approximately $26,000. Signature Equity Partners LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 639.2% during the 1st 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. MBM Wealth Consultants LLC bought a new position in Simplify Managed Futures Strategy ETF during the first quarter worth $28,000. Montgomery Financial Services LLC bought a new position in Simplify Managed Futures Strategy ETF during the second quarter worth $33,000. Finally, Parallel Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF in the first quarter worth $42,000.

Simplify Managed Futures Strategy ETF Price Performance

CTA opened at $30.29 on Tuesday. The business has a fifty day moving average price of $27.53 and a 200 day moving average price of $28.84. Simplify Managed Futures Strategy ETF has a 12 month low of $25.39 and a 12 month high of $32.76.

About Simplify Managed Futures Strategy ETF

(Get Free Report)

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.

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