Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Short Interest Down 62.0% in January

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 206,050 shares, a decrease of 62.0% from the January 15th total of 542,934 shares. Based on an average daily trading volume, of 340,425 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 340,425 shares, the days-to-cover ratio is presently 0.6 days.

Simplify Managed Futures Strategy ETF Stock Performance

CTA stock opened at $28.73 on Wednesday. The company’s fifty day simple moving average is $27.60 and its 200 day simple moving average is $27.61. Simplify Managed Futures Strategy ETF has a 12-month low of $26.36 and a 12-month high of $30.21.

Simplify Managed Futures Strategy ETF Announces Dividend

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

Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Evolution Wealth Management Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at $31,000. WFA of San Diego LLC bought a new stake in Simplify Managed Futures Strategy ETF in the second quarter valued at $36,000. Comerica Bank raised 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 valued at $40,000 after purchasing an additional 1,429 shares during the period. Private Trust Co. NA raised its holdings in shares of 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 purchasing an additional 857 shares during the period. Finally, J.Safra Asset Management Corp bought a new position in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter worth about $52,000.

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.