Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA – Get Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 34,384 shares, a decrease of 64.3% from the May 14th total of 96,291 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 272,655 shares, the short-interest ratio is presently 0.1 days.
Simplify Short Term Treasury Futures Strategy ETF Stock Performance
Shares of TUA stock opened at $20.56 on Friday. The company’s 50-day simple moving average is $20.82 and its two-hundred day simple moving average is $21.41. Simplify Short Term Treasury Futures Strategy ETF has a one year low of $20.32 and a one year high of $22.31.
Hedge Funds Weigh In On Simplify Short Term Treasury Futures Strategy ETF
A number of hedge funds have recently added to or reduced their stakes in TUA. Capstone Wealth Management Group LLC bought a new position in Simplify Short Term Treasury Futures Strategy ETF in the 1st quarter worth about $3,330,000. Geneos Wealth Management Inc. bought a new position in Simplify Short Term Treasury Futures Strategy ETF in the 1st quarter worth about $50,000. JPMorgan Chase & Co. grew its stake in 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 worth $233,000 after acquiring an additional 10,585 shares in the last quarter. Group One Trading LLC grew its stake in Simplify Short Term Treasury Futures Strategy ETF by 147.0% in the 2nd quarter. Group One Trading LLC now owns 47,383 shares of the company’s stock worth $1,044,000 after acquiring an additional 28,196 shares in the last quarter. Finally, IHT Wealth Management LLC grew its stake in Simplify Short Term Treasury Futures Strategy ETF by 3.6% in the 2nd quarter. IHT Wealth Management LLC now owns 54,788 shares of the company’s stock worth $1,207,000 after acquiring an additional 1,895 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.
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