Short Interest in Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Rises By 153.0%

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 79,830 shares, an increase of 153.0% from the August 15th total of 31,553 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 129,067 shares, the days-to-cover ratio is presently 0.6 days.

Simplify Short Term Treasury Futures Strategy ETF Trading Down 0.6%

TUA opened at $19.55 on Friday. Simplify Short Term Treasury Futures Strategy ETF has a one year low of $19.51 and a one year high of $22.31. The business’s 50-day simple moving average is $20.27 and its 200-day simple moving average is $20.70.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TUA. Geneos Wealth Management Inc. purchased a new position in Simplify Short Term Treasury Futures Strategy ETF in the first quarter valued at approximately $50,000. Osaic Holdings Inc. purchased a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF during the 2nd quarter worth approximately $71,000. Bank of Montreal Can lifted its position in shares of Simplify Short Term Treasury Futures Strategy ETF by 22.3% during the 4th quarter. Bank of Montreal Can now owns 3,603 shares of the company’s stock worth $79,000 after buying an additional 657 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Simplify Short Term Treasury Futures Strategy ETF by 11.9% during 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 during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 105,850.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,595 shares of the company’s stock valued at $233,000 after buying an additional 10,585 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.