Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Sees Large Increase in Short Interest

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 173,705 shares, an increase of 101.0% from the January 29th total of 86,409 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 379,999 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 379,999 shares, the short-interest ratio is currently 0.5 days. Approximately 0.6% of the company’s shares are sold short.

Simplify Short Term Treasury Futures Strategy ETF Stock Up 0.5%

Shares of NYSEARCA TUA traded up $0.11 during trading on Friday, hitting $22.04. 344,319 shares of the company traded hands, compared to its average volume of 341,080. The company has a 50-day moving average price of $21.84 and a 200-day moving average price of $21.93. Simplify Short Term Treasury Futures Strategy ETF has a 1 year low of $21.42 and a 1 year high of $22.82.

Simplify Short Term Treasury Futures Strategy ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th will be given a dividend of $0.03 per share. This represents a c) dividend on an annualized basis and a yield of 1.6%. This is a boost from Simplify Short Term Treasury Futures Strategy ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend is Tuesday, February 24th.

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

Large investors have recently modified their holdings of the company. Capstone Wealth Management Group LLC purchased a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF during the 1st quarter worth about $3,330,000. Geneos Wealth Management Inc. acquired a new position in Simplify Short Term Treasury Futures Strategy ETF during the first quarter valued at approximately $50,000. Envestnet Asset Management Inc. purchased a new stake in Simplify Short Term Treasury Futures Strategy ETF during the second quarter worth approximately $497,000. 4WEALTH Advisors Inc. purchased a new position in shares of Simplify Short Term Treasury Futures Strategy ETF in the 2nd quarter valued at $686,000. Finally, Pekin Hardy Strauss Inc. raised its stake in shares of Simplify Short Term Treasury Futures Strategy ETF by 42.3% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 131,212 shares of the company’s stock valued at $2,891,000 after acquiring an additional 38,995 shares during the period.

About Simplify Short Term Treasury Futures Strategy ETF

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.