Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Short Interest Down 64.3% in May

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 34,384 shares, a decline of 64.3% from the May 14th total of 96,291 shares. Based on an average daily trading volume, of 272,655 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Simplify Short Term Treasury Futures Strategy ETF Stock Performance

TUA traded down $0.05 during trading on Friday, reaching $20.56. The company had a trading volume of 204,311 shares, compared to its average volume of 423,073. Simplify Short Term Treasury Futures Strategy ETF has a 12 month low of $20.32 and a 12 month high of $22.31. The business’s fifty day moving average price is $20.82 and its 200 day moving average price is $21.41.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Legacy PCG LLC bought a new position in Simplify Short Term Treasury Futures Strategy ETF in the first quarter valued at approximately $464,000. FSA Advisors Inc. lifted its stake in Simplify Short Term Treasury Futures Strategy ETF by 10.1% in 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 in the last quarter. Elevated Capital Advisors LLC raised its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 48.1% in the first quarter. Elevated Capital Advisors LLC now owns 165,802 shares of the company’s stock valued at $3,498,000 after purchasing an additional 53,876 shares during the last quarter. Broussard Financial Group LLC raised its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 7.5% in the first quarter. Broussard Financial Group LLC now owns 372,250 shares of the company’s stock valued at $7,854,000 after purchasing an additional 26,108 shares during the last quarter. Finally, Simplify Asset Management Inc. acquired a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF in the first quarter valued at approximately $116,656,000.

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.