Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Sees Large Growth in Short Interest

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,221 shares, an increase of 909.1% from the October 15th total of 121 shares. Based on an average daily volume of 2,876 shares, the short-interest ratio is currently 0.4 days. Currently, 0.6% of the company’s stock are short sold.

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

NYSEARCA LITL traded down $0.22 during trading hours on Tuesday, hitting $33.65. The company had a trading volume of 16 shares, compared to its average volume of 1,337. The firm’s 50 day moving average is $33.68 and its 200 day moving average is $32.21. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a fifty-two week low of $26.45 and a fifty-two week high of $35.62. The company has a market capitalization of $6.73 million, a price-to-earnings ratio of 15.85 and a beta of 0.63.

About Simplify Piper Sandler US Small-Cap PLUS Income ETF

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.