Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Shares Shorted: Short Interest Up 78.8% in September

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 142,723 shares, an increase of 78.8% from the August 31st total of 79,830 shares. Based on an average trading volume of 362,387 shares, the short-interest ratio is currently 0.4 days. Currently, 0.6% of the company’s shares are short sold.

Simplify Short Term Treasury Futures Strategy ETF Price Performance

NYSEARCA TUA traded up $0.05 during trading hours on Tuesday, hitting $19.02. 398,147 shares of the company were exchanged, compared to its average volume of 418,970. The company has a 50 day moving average of $20.02 and a two-hundred day moving average of $20.50. Simplify Short Term Treasury Futures Strategy ETF has a 52-week low of $18.90 and a 52-week high of $22.31.

Institutional Investors Weigh In On Simplify Short Term Treasury Futures Strategy ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TUA. Welch Group LLC purchased a new position in Simplify Short Term Treasury Futures Strategy ETF during the 1st quarter worth $269,000. Foundations Investment Advisors LLC raised its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 37.3% in the fourth quarter. Foundations Investment Advisors LLC now owns 12,746 shares of the company’s stock valued at $279,000 after buying an additional 3,461 shares during the last quarter. FSA Advisors Inc. boosted its stake in shares of Simplify Short Term Treasury Futures Strategy ETF by 10.1% during the first quarter. FSA Advisors Inc. now owns 13,431 shares of the company’s stock worth $283,000 after buying an additional 1,229 shares during the period. KPP Advisory Services LLC purchased a new position in shares of Simplify Short Term Treasury Futures Strategy ETF during the first quarter worth about $288,000. Finally, Montgomery Financial Services LLC purchased a new position in shares of Simplify Short Term Treasury Futures Strategy ETF during the second quarter worth about $354,000.

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.