Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,176,712 shares, a growth of 190.1% from the September 15th total of 405,558 shares. Based on an average daily trading volume, of 581,517 shares, the short-interest ratio is presently 2.0 days. Approximately 2.5% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. Legacy Capital Group California Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $1,083,000. Principia Wealth Advisory LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 47.1% during the 2nd quarter. Principia Wealth Advisory LLC now owns 140,243 shares of the company’s stock valued at $3,638,000 after purchasing an additional 44,936 shares during the period. Worth Asset Management LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $767,000. Pasadena Private Wealth LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 83.1% during the 1st quarter. Pasadena Private Wealth LLC now owns 523,677 shares of the company’s stock valued at $15,826,000 after purchasing an additional 237,614 shares during the last quarter. Finally, Compound Planning Inc. increased its holdings in Simplify Managed Futures Strategy ETF by 22.2% during the fourth quarter. Compound Planning Inc. now owns 371,201 shares of the company’s stock valued at $10,119,000 after buying an additional 67,531 shares during the last quarter.
Simplify Managed Futures Strategy ETF Trading Up 1.2%
Shares of CTA opened at $29.97 on Wednesday. Simplify Managed Futures Strategy ETF has a 12-month low of $25.39 and a 12-month high of $32.76. The stock has a 50-day moving average price of $28.60 and a 200-day moving average price of $28.74.
Simplify Managed Futures Strategy ETF Company Profile
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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