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

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

Simplify Managed Futures Strategy ETF Trading Down 0.6%

Shares of NYSEARCA:CTA opened at $28.36 on Wednesday. Simplify Managed Futures Strategy ETF has a 52-week low of $26.36 and a 52-week high of $30.21. The business’s 50 day simple moving average is $27.34 and its two-hundred day simple moving average is $27.58.

Simplify Managed Futures Strategy ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th will be paid a dividend of $0.10 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, January 27th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. MGO One Seven LLC boosted its stake in Simplify Managed Futures Strategy ETF by 2.7% during the 3rd quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock valued at $392,000 after purchasing an additional 373 shares during the last quarter. IFP Advisors Inc grew its holdings in Simplify Managed Futures Strategy ETF by 4.8% during the third quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock worth $273,000 after buying an additional 451 shares in the last quarter. CoreCap Advisors LLC raised its position in Simplify Managed Futures Strategy ETF by 34.0% in the 3rd quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock valued at $55,000 after buying an additional 502 shares during the last quarter. Private Trust Co. NA lifted its stake in Simplify Managed Futures Strategy ETF by 86.7% during the 4th 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 in the last quarter. Finally, L.M. Kohn & Company boosted its holdings in Simplify Managed Futures Strategy ETF by 7.9% during the 2nd quarter. L.M. Kohn & Company now owns 12,321 shares of the company’s stock worth $329,000 after acquiring an additional 897 shares during the last quarter.

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.