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

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 61,924 shares, a drop of 56.6% from the September 15th total of 142,723 shares. Based on an average daily trading volume, of 613,398 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.3% of the shares of the stock are sold short.

Simplify Short Term Treasury Futures Strategy ETF Trading Up 0.2%

Shares of NYSEARCA:TUA traded up $0.03 during midday trading on Tuesday, hitting $19.25. 109,920 shares of the stock were exchanged, compared to its average volume of 407,450. Simplify Short Term Treasury Futures Strategy ETF has a twelve month low of $18.90 and a twelve month high of $22.31. The company has a 50 day moving average price of $19.82 and a 200-day moving average price of $20.36.

Institutional Investors Weigh In On Simplify Short Term Treasury Futures Strategy ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. FSA Advisors Inc. lifted its stake in shares of Simplify Short Term Treasury Futures Strategy ETF by 10.1% during the first quarter. FSA Advisors Inc. now owns 13,431 shares of the company’s stock valued at $283,000 after buying an additional 1,229 shares during the period. LifeWealth Investments LLC boosted its position in Simplify Short Term Treasury Futures Strategy ETF by 6.7% during the first quarter. LifeWealth Investments LLC now owns 163,258 shares of the company’s stock worth $3,445,000 after acquiring an additional 10,216 shares during the last quarter. Welch Group LLC purchased a new stake in Simplify Short Term Treasury Futures Strategy ETF in the 1st quarter worth approximately $269,000. KPP Advisory Services LLC purchased a new stake in Simplify Short Term Treasury Futures Strategy ETF in the 1st quarter worth approximately $288,000. Finally, Montgomery Financial Services LLC purchased a new stake in Simplify Short Term Treasury Futures Strategy ETF in the 2nd quarter worth approximately $354,000.

Simplify Short Term Treasury Futures Strategy ETF Company Profile

(Get Free Report)

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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