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) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 34,384 shares, a drop of 64.3% from the May 14th total of 96,291 shares. Based on an average daily volume of 272,655 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Simplify Short Term Treasury Futures Strategy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Legacy PCG LLC acquired a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF in the first quarter valued at approximately $464,000. FSA Advisors Inc. raised its holdings in shares of 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 purchasing an additional 1,229 shares during 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 position in Simplify Short Term Treasury Futures Strategy ETF during the first quarter worth $116,656,000.

Simplify Short Term Treasury Futures Strategy ETF Price Performance

Shares of NYSEARCA TUA traded down $0.05 during midday trading on Friday, reaching $20.56. The company’s stock 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 fifty-two week low of $20.32 and a fifty-two week high of $22.31. The stock has a 50 day simple moving average of $20.82 and a 200-day simple moving average of $21.41.

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.