Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Short Interest Down 62.7% in May

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 81 shares, a decline of 62.7% from the April 30th total of 217 shares. Based on an average daily trading volume, of 1,975 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

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

Shares of NYSEARCA:LITL opened at $31.59 on Friday. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a 1 year low of $26.01 and a 1 year high of $31.64. The company has a market capitalization of $5.37 million, a P/E ratio of 15.85 and a beta of 1.56. The business’s 50 day simple moving average is $30.40 and its 200 day simple moving average is $30.01.

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. purchased a new stake 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 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 about 26.20% of Simplify Piper Sandler US Small-Cap PLUS Income ETF at the end of the most recent reporting period. Hedge funds and other 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.