Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Short Interest Down 75.0% in May

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUCGet Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 168 shares, a decline of 75.0% from the April 30th total of 673 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 44,541 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SPUC. Kingdom Financial Group LLC. acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter valued at about $85,000. Kestra Advisory Services LLC acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter valued at about $86,000. Bank of America Corp DE acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the third quarter valued at about $162,000. LifeWealth Investments LLC acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter valued at about $219,000. Finally, Great Lakes Retirement Inc. acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter valued at about $251,000.

Simplify US Equity PLUS Upside Convexity ETF Stock Performance

Shares of SPUC traded up $0.13 during trading hours on Friday, reaching $49.89. 2,314 shares of the company traded hands, compared to its average volume of 9,132. The stock’s fifty day moving average is $47.20 and its 200 day moving average is $47.62. The stock has a market cap of $116.24 million, a P/E ratio of 21.23 and a beta of 1.25. Simplify US Equity PLUS Upside Convexity ETF has a 1-year low of $40.12 and a 1-year high of $52.08.

About Simplify US Equity PLUS Upside Convexity ETF

(Get Free Report)

The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.

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