Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Stock Short Interest Drops 45.5%

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 640,802 shares, a decrease of 45.5% from the September 30th total of 1,176,712 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 792,847 shares, the days-to-cover ratio is currently 0.8 days.

Simplify Managed Futures Strategy ETF Stock Performance

Simplify Managed Futures Strategy ETF stock traded down $0.01 during mid-day trading on Friday, hitting $29.94. 397,488 shares of the company were exchanged, compared to its average volume of 599,352. The business’s 50 day simple moving average is $29.33 and its two-hundred day simple moving average is $28.94. Simplify Managed Futures Strategy ETF has a 12-month low of $25.39 and a 12-month high of $32.76.

Institutional Trading of Simplify Managed Futures Strategy ETF

Large investors have recently made changes to their positions in the stock. Integrity Alliance LLC. purchased a new position in Simplify Managed Futures Strategy ETF in the third quarter valued at approximately $2,148,000. Keeler Thomas Management LLC lifted its position in Simplify Managed Futures Strategy ETF by 44.3% during the third quarter. Keeler Thomas Management LLC now owns 15,913 shares of the company’s stock valued at $459,000 after buying an additional 4,885 shares in the last quarter. Vise Technologies Inc. lifted its position in Simplify Managed Futures Strategy ETF by 2.0% during the third quarter. Vise Technologies Inc. now owns 151,341 shares of the company’s stock valued at $4,365,000 after buying an additional 2,915 shares in the last quarter. MGO One Seven LLC grew its stake in Simplify Managed Futures Strategy ETF by 4.4% during the third quarter. MGO One Seven LLC now owns 14,744 shares of the company’s stock worth $425,000 after buying an additional 616 shares during the period. Finally, Global View Capital Management LLC grew its stake in Simplify Managed Futures Strategy ETF by 31.0% during the third quarter. Global View Capital Management LLC now owns 78,531 shares of the company’s stock worth $2,265,000 after buying an additional 18,595 shares during the period.

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.