Short Interest in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Expands By 446.0%

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 542,934 shares, an increase of 446.0% from the December 31st total of 99,431 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 403,077 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 403,077 shares, the short-interest ratio is presently 1.3 days. Currently, 1.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF

Several institutional investors have recently bought and sold shares of the company. Evolution Wealth Management Inc. acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at $31,000. WFA of San Diego LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter worth $36,000. Comerica Bank boosted its holdings in Simplify Managed Futures Strategy ETF by 71,450.0% in the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after acquiring an additional 1,429 shares during the last quarter. Private Trust Co. NA grew its position in Simplify Managed Futures Strategy ETF by 86.7% during the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after acquiring an additional 857 shares during the period. Finally, J.Safra Asset Management Corp acquired a new stake in Simplify Managed Futures Strategy ETF during the second quarter worth about $52,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of CTA traded up $0.12 during midday trading on Thursday, reaching $29.01. The stock had a trading volume of 287,766 shares, compared to its average volume of 369,567. Simplify Managed Futures Strategy ETF has a 1-year low of $26.36 and a 1-year high of $30.21. The company’s fifty day simple moving average is $27.41 and its two-hundred day simple moving average is $27.60.

Simplify Managed Futures Strategy ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 27th will be issued a $0.10 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, January 27th.

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.