Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Short Interest Down 66.8% in July

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 73 shares, a decrease of 66.8% from the June 30th total of 220 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,746 shares, the short-interest ratio is presently 0.0 days.

Simplify US Equity PLUS Upside Convexity ETF Price Performance

Shares of SPUC stock opened at $48.73 on Friday. Simplify US Equity PLUS Upside Convexity ETF has a one year low of $42.89 and a one year high of $52.08. The company’s fifty day moving average price is $49.23 and its 200-day moving average price is $47.65. The company has a market capitalization of $91.61 million, a price-to-earnings ratio of 21.23 and a beta of 1.24.

Institutional Investors Weigh In On Simplify US Equity PLUS Upside Convexity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Kingdom Financial Group LLC. bought a new position in shares of Simplify US Equity PLUS Upside Convexity ETF in the fourth quarter worth about $85,000. Kestra Advisory Services LLC purchased a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter worth about $86,000. Bank of America Corp DE bought a new stake in Simplify US Equity PLUS Upside Convexity ETF during the 3rd quarter valued at approximately $162,000. LifeWealth Investments LLC bought a new stake in Simplify US Equity PLUS Upside Convexity ETF during the 4th quarter valued at approximately $219,000. Finally, Great Lakes Retirement Inc. purchased a new position in Simplify US Equity PLUS Upside Convexity ETF in the 4th quarter worth approximately $251,000.

About Simplify US Equity PLUS Upside Convexity ETF

The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.