Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Short Interest Update

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 217 shares, an increase of 3,516.7% from the April 15th total of 6 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,159 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Simplify Piper Sandler US Small-Cap PLUS Income ETF

An institutional investor recently bought a new position in Simplify Piper Sandler US Small-Cap PLUS Income ETF stock. Envestnet Asset Management Inc. bought a new stake in Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 52,403 shares of the company’s stock, valued at approximately $1,494,000. Envestnet Asset Management Inc. owned 26.20% of Simplify Piper Sandler US Small-Cap PLUS Income ETF as of its most recent SEC filing. 0.13% of the stock is currently owned by hedge funds and other institutional investors.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Stock Performance

LITL stock remained flat at $30.97 during midday trading on Wednesday. 7 shares of the company’s stock were exchanged, compared to its average volume of 847. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a 12 month low of $25.84 and a 12 month high of $31.64. The company’s fifty day moving average price is $29.97 and its 200-day moving average price is $29.79. The company has a market capitalization of $5.26 million, a P/E ratio of 15.85 and a beta of 1.22.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Company Profile

The Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) is an actively managed exchange-traded fund that seeks to provide capital appreciation and income. The fund invests in U.S. small-cap equities that are well-positioned in the current business cycle and employs an options overlay strategy to enhance income.