Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) Stock Short Interest Falls 93.7%

Simplify Intermediate Term Treasury Futures Strategy ETF (BATS:TYA) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 6,532 shares, a decline of 93.7% from the October 15th total of 104,036 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 64,050 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Mid American Wealth Advisory Group Inc. acquired a new position in Simplify Intermediate Term Treasury Futures Strategy ETF in the second quarter valued at $2,535,000. RHS Financial LLC raised its holdings in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 738.0% in the third quarter. RHS Financial LLC now owns 85,289 shares of the company’s stock valued at $933,000 after buying an additional 75,111 shares during the last quarter. Private Client Services LLC acquired a new stake in shares of Simplify Intermediate Term Treasury Futures Strategy ETF during the third quarter worth about $644,000. Nwam LLC acquired a new stake in shares of Simplify Intermediate Term Treasury Futures Strategy ETF during the second quarter worth about $245,000. Finally, Heck Capital Advisors LLC grew its holdings in shares of Simplify Intermediate Term Treasury Futures Strategy ETF by 5.1% during the second quarter. Heck Capital Advisors LLC now owns 384,111 shares of the company’s stock worth $4,904,000 after buying an additional 18,560 shares during the last quarter.

Simplify Intermediate Term Treasury Futures Strategy ETF Stock Performance

TYA traded down $0.28 on Tuesday, reaching $11.58. The company’s stock had a trading volume of 26,135 shares, compared to its average volume of 59,704. Simplify Intermediate Term Treasury Futures Strategy ETF has a fifty-two week low of $10.83 and a fifty-two week high of $14.09. The stock has a 50 day moving average of $11.47 and a two-hundred day moving average of $12.57.

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.