Short Interest in Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Decreases By 38.5%

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 86,235 shares, a drop of 38.5% from the June 30th total of 140,195 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 399,032 shares, the short-interest ratio is currently 0.2 days.

Simplify Short Term Treasury Futures Strategy ETF Stock Performance

Simplify Short Term Treasury Futures Strategy ETF stock remained flat at $20.28 during mid-day trading on Thursday. 551,610 shares of the company traded hands, compared to its average volume of 448,493. The company has a 50 day moving average of $20.43 and a 200 day moving average of $21.04. Simplify Short Term Treasury Futures Strategy ETF has a one year low of $20.04 and a one year high of $22.31.

Hedge Funds Weigh In On Simplify Short Term Treasury Futures Strategy ETF

Large investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. bought a new position in shares of Simplify Short Term Treasury Futures Strategy ETF in the first quarter worth about $50,000. Key Capital Management INC bought a new stake in Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter valued at approximately $70,000. Osaic Holdings Inc. purchased a new position in Simplify Short Term Treasury Futures Strategy ETF in the 2nd quarter worth approximately $71,000. Bank of Montreal Can lifted its holdings in Simplify Short Term Treasury Futures Strategy ETF by 22.3% in the 4th quarter. Bank of Montreal Can now owns 3,603 shares of the company’s stock worth $79,000 after purchasing an additional 657 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in 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 purchasing 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.