Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) Sees Large Decline in Short Interest

Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 14,697 shares, a drop of 83.3% from the June 30th total of 87,985 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 32,946 shares, the days-to-cover ratio is presently 0.4 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Networth Advisors LLC purchased a new position in Simplify Intermediate Term Treasury Futures Strategy ETF in the 4th quarter worth about $32,000. Legacy Wealth Managment LLC ID lifted its stake in Simplify Intermediate Term Treasury Futures Strategy ETF by 174.2% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 3,976 shares of the company’s stock valued at $54,000 after buying an additional 2,526 shares in the last quarter. IFP Advisors Inc lifted its stake in Simplify Intermediate Term Treasury Futures Strategy ETF by 11.6% during the fourth quarter. IFP Advisors Inc now owns 9,478 shares of the company’s stock valued at $128,000 after buying an additional 987 shares in the last quarter. Osaic Holdings Inc. acquired a new position in shares of Simplify Intermediate Term Treasury Futures Strategy ETF in the second quarter worth about $171,000. Finally, Straight Path Wealth Management boosted its holdings in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 40.3% in the fourth quarter. Straight Path Wealth Management now owns 17,219 shares of the company’s stock worth $232,000 after buying an additional 4,950 shares during the period.

Simplify Intermediate Term Treasury Futures Strategy ETF Stock Performance

Shares of BATS TYA opened at $12.28 on Friday. The stock’s fifty day simple moving average is $12.62 and its 200 day simple moving average is $13.09. Simplify Intermediate Term Treasury Futures Strategy ETF has a 52-week low of $12.18 and a 52-week high of $14.12.

About Simplify Intermediate Term Treasury Futures Strategy ETF

The Simplify Risk Parity Treasury ETF (TYA) is an exchange-traded fund that is based on the ICE 20plus Year US Treasury index. The fund seeks to match or outperform a US Treasury 20+ year index for a calendar quarter. The portfolio utilizes futures, call, and put options on US Treasury futures, ETFs, and government securities. TYA was launched on Sep 27, 2021 and is managed by Simplify.