Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Short Interest Up 1,100.0% in June

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 June. As of June 15th, there was short interest totaling 72 shares, an increase of 1,100.0% from the May 31st total of 6 shares. Based on an average daily volume of 2,551 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Stock Up 1.4%

NYSEARCA LITL traded up $0.47 during midday trading on Friday, hitting $33.93. The company had a trading volume of 7,021 shares, compared to its average volume of 1,015. The firm has a fifty day simple moving average of $31.65 and a two-hundred day simple moving average of $30.52. 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 $33.96. The stock has a market cap of $5.77 million, a price-to-earnings ratio of 15.85 and a beta of 0.79.

Hedge Funds Weigh In On Simplify Piper Sandler US Small-Cap PLUS Income ETF

An institutional investor recently bought a new position in Simplify Piper Sandler US Small-Cap PLUS Income ETF stock. Envestnet Asset Management Inc. purchased a new stake in Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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 as of its most recent SEC filing. Institutional investors own 0.13% of the company’s stock.

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.