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

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 86,235 shares, a drop of 38.5% from the June 30th total of 140,195 shares. Based on an average daily trading volume, of 399,032 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

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

A number of hedge funds have recently added to or reduced their stakes in TUA. Simplify Asset Management Inc. bought a new stake in Simplify Short Term Treasury Futures Strategy ETF during the first quarter valued at $116,656,000. Ferguson Shapiro LLC lifted its position in shares of Simplify Short Term Treasury Futures Strategy ETF by 4.1% in the 1st quarter. Ferguson Shapiro LLC now owns 2,326,522 shares of the company’s stock worth $49,090,000 after buying an additional 90,738 shares during the last quarter. Mid American Wealth Advisory Group Inc. boosted its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 3.7% in the 4th quarter. Mid American Wealth Advisory Group Inc. now owns 1,139,443 shares of the company’s stock valued at $24,957,000 after buying an additional 40,653 shares during the period. HighTower Advisors LLC grew its position in shares of Simplify Short Term Treasury Futures Strategy ETF by 1,071.3% during the 4th quarter. HighTower Advisors LLC now owns 920,206 shares of the company’s stock valued at $20,155,000 after buying an additional 841,646 shares during the last quarter. Finally, Private Advisor Group LLC bought a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter valued at about $19,126,000.

Simplify Short Term Treasury Futures Strategy ETF Price Performance

Shares of TUA traded down $0.06 during mid-day trading on Friday, hitting $20.22. The stock had a trading volume of 209,377 shares, compared to its average volume of 446,987. Simplify Short Term Treasury Futures Strategy ETF has a fifty-two week low of $20.04 and a fifty-two week high of $22.31. The company’s fifty day simple moving average is $20.42 and its two-hundred day simple moving average is $21.03.

About Simplify Short Term Treasury Futures Strategy ETF

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.