Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) Stock Short Interest Report for October

Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 229 shares, a decrease of 71.2% from the September 30th total of 796 shares. Based on an average trading volume of 6,032 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Simplify U.S. Equity PLUS GBTC ETF Trading Down 0.4%

Shares of Simplify U.S. Equity PLUS GBTC ETF stock traded down $0.20 during trading on Thursday, reaching $50.32. The stock had a trading volume of 794 shares, compared to its average volume of 6,630. The stock has a fifty day moving average price of $50.21 and a two-hundred day moving average price of $46.96. Simplify U.S. Equity PLUS GBTC ETF has a 52 week low of $40.29 and a 52 week high of $51.50. The company has a market capitalization of $42.77 million, a price-to-earnings ratio of 132.42 and a beta of 1.22.

Simplify U.S. Equity PLUS GBTC ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 25th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, September 25th. Simplify U.S. Equity PLUS GBTC ETF’s payout ratio is 105.26%.

Hedge Funds Weigh In On Simplify U.S. Equity PLUS GBTC ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SFG Wealth Management LLC. grew its stake in shares of Simplify U.S. Equity PLUS GBTC ETF by 0.9% in the third quarter. SFG Wealth Management LLC. now owns 29,696 shares of the company’s stock valued at $1,488,000 after acquiring an additional 271 shares in the last quarter. Total Clarity Wealth Management Inc. increased its position in Simplify U.S. Equity PLUS GBTC ETF by 1.8% during the third quarter. Total Clarity Wealth Management Inc. now owns 23,504 shares of the company’s stock worth $1,177,000 after acquiring an additional 418 shares during the period. Private Advisor Group LLC raised its stake in Simplify U.S. Equity PLUS GBTC ETF by 0.9% in the 1st quarter. Private Advisor Group LLC now owns 57,214 shares of the company’s stock worth $2,379,000 after purchasing an additional 498 shares in the last quarter. ARQ Wealth Advisors LLC raised its stake in Simplify U.S. Equity PLUS GBTC ETF by 5.8% in the 3rd quarter. ARQ Wealth Advisors LLC now owns 12,348 shares of the company’s stock worth $619,000 after purchasing an additional 677 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Simplify U.S. Equity PLUS GBTC ETF by 14.5% in the 1st quarter. NewEdge Advisors LLC now owns 14,259 shares of the company’s stock valued at $593,000 after purchasing an additional 1,811 shares during the period. 31.71% of the stock is owned by institutional investors.

Simplify U.S. Equity PLUS GBTC ETF Company Profile

SP Bancorp, Inc is a non-diversified savings and loan holding company for SharePlus Federal Bank (the Bank). The Bank is a federally chartered savings bank. The Bank provides financial services to individuals, families and businesses through its six banking offices. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans secured by residential real estate, home equity loans and lines of credit, commercial real estate loans, consumer loans (consisting primarily of automobile loans) and commercial business loans.