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

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 61 shares, a decrease of 61.1% from the September 15th total of 157 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,704 shares, the days-to-cover ratio is presently 0.0 days.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Stock Down 1.1%

Shares of Simplify Piper Sandler US Small-Cap PLUS Income ETF stock traded down $0.38 on Wednesday, hitting $33.29. The stock had a trading volume of 15 shares, compared to its average volume of 1,192. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a one year low of $26.45 and a one year high of $35.36. The stock has a market cap of $5.66 million, a price-to-earnings ratio of 15.85 and a beta of 0.68. The stock’s 50-day simple moving average is $33.92 and its two-hundred day simple moving average is $32.73.

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.