Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) Sees Significant Increase in Short Interest

Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 87,985 shares, a growth of 5,229.2% from the June 15th total of 1,651 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 103,616 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Simplify Intermediate Term Treasury Futures Strategy ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TYA. Hilltop Holdings Inc. grew its holdings in Simplify Intermediate Term Treasury Futures Strategy ETF by 477.3% in the 4th quarter. Hilltop Holdings Inc. now owns 529,725 shares of the company’s stock worth $7,151,000 after acquiring an additional 437,962 shares during the last quarter. Susquehanna International Group LLP raised its stake in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 749.0% during the third quarter. Susquehanna International Group LLP now owns 85,287 shares of the company’s stock valued at $1,161,000 after acquiring an additional 75,242 shares during the last quarter. Continuum Advisory LLC raised its stake in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 84.6% during the first quarter. Continuum Advisory LLC now owns 155,129 shares of the company’s stock valued at $2,037,000 after acquiring an additional 71,073 shares during the last quarter. True Wealth Design LLC boosted its holdings in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 6.7% during the fourth quarter. True Wealth Design LLC now owns 825,844 shares of the company’s stock worth $11,149,000 after purchasing an additional 51,620 shares during the period. Finally, Whalen Wealth Management Inc. purchased a new position in Simplify Intermediate Term Treasury Futures Strategy ETF during the 4th quarter valued at about $596,000.

Simplify Intermediate Term Treasury Futures Strategy ETF Stock Performance

Shares of BATS TYA traded down $0.03 during trading hours on Friday, reaching $12.55. 14,256 shares of the stock traded hands, compared to its average volume of 62,605. The company’s 50-day simple moving average is $12.71 and its two-hundred day simple moving average is $13.17. Simplify Intermediate Term Treasury Futures Strategy ETF has a 52-week low of $12.27 and a 52-week high of $14.12.

Simplify Intermediate Term Treasury Futures Strategy ETF Company Profile

The Simplify Risk Parity Treasury ETF (TYA) is an exchange-traded fund that is based on the ICE 20plus Year US Treasury index. The fund seeks to match or outperform a US Treasury 20+ year index for a calendar quarter. The portfolio utilizes futures, call, and put options on US Treasury futures, ETFs, and government securities. TYA was launched on Sep 27, 2021 and is managed by Simplify.