Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) Stock Short Interest Climbs 130.8%

Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 63,230 shares, an increase of 130.8% from the August 31st total of 27,401 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 191,974 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Mid American Wealth Advisory Group Inc. purchased a new position in Simplify Intermediate Term Treasury Futures Strategy ETF in the 2nd quarter valued at approximately $2,535,000. Continuum Advisory LLC lifted its position in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 11.6% during the second quarter. Continuum Advisory LLC now owns 173,093 shares of the company’s stock worth $2,210,000 after acquiring an additional 17,964 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Simplify Intermediate Term Treasury Futures Strategy ETF during the second quarter worth $134,000. Nwam LLC bought a new position in shares of Simplify Intermediate Term Treasury Futures Strategy ETF in the second quarter worth $245,000. Finally, Heck Capital Advisors LLC grew its position in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 5.1% in the second quarter. Heck Capital Advisors LLC now owns 384,111 shares of the company’s stock valued at $4,904,000 after purchasing an additional 18,560 shares in the last quarter.

Simplify Intermediate Term Treasury Futures Strategy ETF Stock Performance

Shares of BATS:TYA opened at $11.18 on Monday. The company has a 50-day moving average price of $12.09 and a two-hundred day moving average price of $12.60. Simplify Intermediate Term Treasury Futures Strategy ETF has a twelve month low of $11.03 and a twelve month 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.