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

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) was the target of a significant increase in short interest during 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. Approximately 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 378,046 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 378,046 shares, the short-interest ratio is currently 0.6 days. Approximately 0.8% of the company’s shares are short sold.

Simplify Short Term Treasury Futures Strategy ETF Stock Up 0.5%

TUA stock traded up $0.11 during midday trading on Wednesday, hitting $20.97. The stock had a trading volume of 3,454,424 shares, compared to its average volume of 510,901. The company’s 50-day moving average price is $21.68 and its 200 day moving average price is $21.87. Simplify Short Term Treasury Futures Strategy ETF has a 12-month low of $20.79 and a 12-month high of $22.82.

Simplify Short Term Treasury Futures Strategy ETF Increases Dividend

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

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

A number of institutional investors have recently bought and sold shares of the stock. Capstone Wealth Management Group LLC purchased a new position in Simplify Short Term Treasury Futures Strategy ETF during the first quarter worth approximately $3,330,000. Geneos Wealth Management Inc. purchased a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF during the 1st quarter valued at $50,000. Envestnet Asset Management Inc. purchased a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF during the 2nd quarter valued at $497,000. JPMorgan Chase & Co. increased its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 105,850.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,595 shares of the company’s stock worth $233,000 after buying an additional 10,585 shares during the last quarter. Finally, GeoWealth Management LLC increased its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 12.8% during the 2nd quarter. GeoWealth Management LLC now owns 60,371 shares of the company’s stock worth $1,330,000 after buying an additional 6,863 shares during 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.