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. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 403,077 shares, the short-interest ratio is currently 1.3 days. Based on an average trading volume of 403,077 shares, the short-interest ratio is currently 1.3 days. Currently, 1.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

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

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA opened at $28.36 on Wednesday. The firm has a 50 day simple moving average of $27.34 and a two-hundred day simple moving average of $27.58. Simplify Managed Futures Strategy ETF has a one year low of $26.36 and a one year high of $30.21.

Simplify Managed Futures Strategy ETF Dividend Announcement

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