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

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 41,956 shares, a drop of 75.8% from the February 12th total of 173,705 shares. Based on an average daily trading volume, of 381,884 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 381,884 shares, the days-to-cover ratio is currently 0.1 days.

Simplify Short Term Treasury Futures Strategy ETF Price Performance

TUA stock traded down $0.07 during mid-day trading on Tuesday, reaching $21.60. The company had a trading volume of 210,128 shares, compared to its average volume of 347,014. The firm has a 50 day moving average of $21.82 and a 200 day moving average of $21.93. Simplify Short Term Treasury Futures Strategy ETF has a 12 month low of $21.42 and a 12 month high of $22.82.

Simplify Short Term Treasury Futures Strategy ETF Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. purchased a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF in the 3rd quarter worth $30,000. Key Capital Management INC bought a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF in the fourth quarter valued at about $70,000. Osaic Holdings Inc. bought a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF in the second quarter valued at about $71,000. Bank of Montreal Can lifted its stake in Simplify Short Term Treasury Futures Strategy ETF by 22.3% in the fourth quarter. Bank of Montreal Can now owns 3,603 shares of the company’s stock worth $79,000 after acquiring an additional 657 shares during the period. Finally, Evolution Wealth Management Inc. bought a new position in Simplify Short Term Treasury Futures Strategy ETF during the 2nd quarter worth about $112,000.

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.