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

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

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

Several large investors have recently made changes to their positions in HARD. IFP Advisors Inc acquired a new position in Simplify Commodities Strategy No K-1 ETF during the second quarter worth $64,000. AE Wealth Management LLC grew its position in shares of Simplify Commodities Strategy No K-1 ETF by 6,788.2% in the 3rd quarter. AE Wealth Management LLC now owns 2,342 shares of the company’s stock valued at $71,000 after acquiring an additional 2,308 shares during the period. CreativeOne Wealth LLC bought a new position in shares of Simplify Commodities Strategy No K-1 ETF in the 2nd quarter valued at about $219,000. Straight Path Wealth Management acquired a new position in shares of Simplify Commodities Strategy No K-1 ETF during the 2nd quarter worth about $250,000. Finally, Bluesphere Advisors LLC bought a new stake in shares of Simplify Commodities Strategy No K-1 ETF in the 2nd quarter valued at about $301,000.

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

NYSEARCA:HARD traded down $0.40 on Friday, hitting $30.01. 37,728 shares of the company’s stock were exchanged, compared to its average volume of 12,648. The firm has a 50-day moving average price of $29.88 and a 200-day moving average price of $29.86. Simplify Commodities Strategy No K-1 ETF has a 52 week low of $27.31 and a 52 week high of $33.65.

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.