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 recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 79,830 shares, an increase of 153.0% from the August 15th total of 31,553 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 129,067 shares, the short-interest ratio is presently 0.6 days.

Simplify Short Term Treasury Futures Strategy ETF Price Performance

Simplify Short Term Treasury Futures Strategy ETF stock traded down $0.01 during midday trading on Monday, hitting $19.54. The company’s stock had a trading volume of 310,549 shares, compared to its average volume of 403,419. Simplify Short Term Treasury Futures Strategy ETF has a 12 month low of $19.45 and a 12 month high of $22.31. The stock’s 50-day moving average price is $20.27 and its 200-day moving average price is $20.69.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capstone Wealth Management Group LLC acquired a new position in shares of Simplify Short Term Treasury Futures Strategy ETF in the first quarter worth about $3,330,000. Geneos Wealth Management Inc. acquired a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF during the first quarter valued at approximately $50,000. JPMorgan Chase & Co. lifted its position in shares of Simplify Short Term Treasury Futures Strategy ETF by 105,850.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,595 shares of the company’s stock valued at $233,000 after acquiring an additional 10,585 shares in the last quarter. Group One Trading LLC boosted its position in shares of Simplify Short Term Treasury Futures Strategy ETF by 147.0% in the second quarter. Group One Trading LLC now owns 47,383 shares of the company’s stock worth $1,044,000 after buying an additional 28,196 shares during the period. Finally, IHT Wealth Management LLC grew its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 3.6% during the second quarter. IHT Wealth Management LLC now owns 54,788 shares of the company’s stock valued at $1,207,000 after buying an additional 1,895 shares in 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.