Short Interest in Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) Decreases By 61.1%

Simplify Commodities Strategy No K-1 ETF (NYSEARCA:HARD) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 18,379 shares, a decrease of 61.1% from the July 15th total of 47,229 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 31,555 shares, the days-to-cover ratio is currently 0.6 days.

Simplify Commodities Strategy No K-1 ETF Trading Down 1.1%

NYSEARCA:HARD opened at $31.38 on Friday. Simplify Commodities Strategy No K-1 ETF has a 12-month low of $28.04 and a 12-month high of $37.63. The stock has a 50-day moving average price of $30.99 and a 200 day moving average price of $32.87.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HARD. Orion Porfolio Solutions LLC raised its position in shares of Simplify Commodities Strategy No K-1 ETF by 2.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 13,923 shares of the company’s stock valued at $391,000 after buying an additional 340 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Simplify Commodities Strategy No K-1 ETF by 4.0% in the third quarter. Envestnet Asset Management Inc. now owns 11,787 shares of the company’s stock valued at $356,000 after acquiring an additional 453 shares during the period. Straight Path Wealth Management boosted its stake in shares of Simplify Commodities Strategy No K-1 ETF by 6.6% during the 4th quarter. Straight Path Wealth Management now owns 9,750 shares of the company’s stock worth $289,000 after purchasing an additional 600 shares during the period. Hilltop Holdings Inc. lifted its stake in Simplify Commodities Strategy No K-1 ETF by 6.6% in the third quarter. Hilltop Holdings Inc. now owns 12,081 shares of the company’s stock worth $365,000 after purchasing an additional 747 shares during the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Simplify Commodities Strategy No K-1 ETF by 237.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,603 shares of the company’s stock valued at $48,000 after buying an additional 1,128 shares during the last quarter.

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.