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 target of a large drop in short interest in May. As of May 29th, there was short interest totaling 6 shares, a drop of 92.6% from the May 14th total of 81 shares. Based on an average daily volume of 298 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Trading Up 1.1%

NYSEARCA:LITL traded up $0.36 during midday trading on Tuesday, hitting $31.67. 9,588 shares of the company were exchanged, compared to its average volume of 879. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a fifty-two week low of $26.01 and a fifty-two week high of $31.67. The company has a market capitalization of $5.38 million, a PE ratio of 15.85 and a beta of 0.79. The company has a fifty day simple moving average of $30.80 and a 200 day simple moving average of $30.18.

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

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

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.