Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Short Interest Update

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 222,276 shares, an increase of 429.8% from the February 26th total of 41,956 shares. Based on an average daily volume of 378,046 shares, the short-interest ratio is presently 0.6 days. Currently, 0.8% of the shares of the stock are sold short.

Simplify Short Term Treasury Futures Strategy ETF Trading Down 1.5%

Shares of TUA stock traded down $0.32 during trading hours on Thursday, hitting $20.66. 605,581 shares of the company’s stock were exchanged, compared to its average volume of 513,613. The firm has a 50 day moving average of $21.66 and a two-hundred day moving average of $21.86. Simplify Short Term Treasury Futures Strategy ETF has a fifty-two week low of $20.66 and a fifty-two week high of $22.82.

Simplify Short Term Treasury Futures Strategy ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were issued a $0.03 dividend. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, February 24th. This is a boost from Simplify Short Term Treasury Futures Strategy ETF’s previous monthly dividend of $0.02.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. acquired a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF in the third quarter valued at about $30,000. Key Capital Management INC acquired a new position in shares of Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter worth about $70,000. Osaic Holdings Inc. purchased a new position in Simplify Short Term Treasury Futures Strategy ETF in the 2nd quarter valued at about $71,000. Bank of Montreal Can lifted its stake 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 valued at $79,000 after buying an additional 657 shares in the last quarter. Finally, Evolution Wealth Management Inc. purchased a new position in Simplify Short Term Treasury Futures Strategy ETF in the 2nd quarter valued at about $112,000.

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.