Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Sees Significant Decline in Short Interest

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 26,399 shares, a drop of 69.4% from the July 15th total of 86,235 shares. Based on an average daily volume of 566,352 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Simplify Short Term Treasury Futures Strategy ETF Stock Up 0.4%

Shares of TUA stock opened at $20.41 on Thursday. Simplify Short Term Treasury Futures Strategy ETF has a 12-month low of $20.04 and a 12-month high of $22.31. The business has a 50-day moving average price of $20.38 and a two-hundred day moving average price of $20.95.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of TUA. Geneos Wealth Management Inc. bought a new position in Simplify Short Term Treasury Futures Strategy ETF in the first quarter valued at about $50,000. Key Capital Management INC purchased a new stake in Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter valued at approximately $70,000. Osaic Holdings Inc. bought a new position in Simplify Short Term Treasury Futures Strategy ETF during the second quarter valued at approximately $71,000. Bank of Montreal Can increased its position in Simplify Short Term Treasury Futures Strategy ETF by 22.3% in the fourth quarter. Bank of Montreal Can now owns 3,603 shares of the company’s stock worth $79,000 after purchasing an additional 657 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Simplify Short Term Treasury Futures Strategy ETF by 11.9% in the 4th quarter. IFP Advisors Inc now owns 5,971 shares of the company’s stock worth $131,000 after buying an additional 634 shares in the last quarter.

Simplify Short Term Treasury Futures Strategy ETF Company Profile

The Simplify Short Term Treasury Futures Strategy ETF (TUA) is an exchange-traded fund that is based on the ICE US Treasury 7-10 Year Bond index. The fund seeks to match or outperform an intermediate-term US Treasury index for a calendar quarter, through an actively managed portfolio of futures, call and put options on US treasury futures, US government securities, and ETFs. TUA was launched on Nov 14, 2022 and is managed by Simplify.