Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Short Interest Update

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 127 shares, a decrease of 45.0% from the May 31st total of 231 shares. Based on an average daily volume of 3,224 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Elevated Capital Advisors LLC purchased a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the 1st quarter worth $514,000. MML Investors Services LLC increased its stake in shares of Simplify US Equity PLUS Upside Convexity ETF by 8.9% in the 4th quarter. MML Investors Services LLC now owns 5,736 shares of the company’s stock worth $267,000 after purchasing an additional 467 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF in the 4th quarter worth $86,000. Commonwealth Equity Services LLC raised its holdings in Simplify US Equity PLUS Upside Convexity ETF by 6.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 227,107 shares of the company’s stock worth $10,582,000 after purchasing an additional 14,014 shares during the period. Finally, Great Lakes Retirement Inc. bought a new position in Simplify US Equity PLUS Upside Convexity ETF in the 4th quarter worth $251,000.

Simplify US Equity PLUS Upside Convexity ETF Price Performance

Shares of NYSEARCA:SPUC traded down $0.08 during trading on Wednesday, hitting $49.11. The company’s stock had a trading volume of 168 shares, compared to its average volume of 8,364. The firm has a market cap of $114.43 million, a price-to-earnings ratio of 21.23 and a beta of 1.24. The company has a 50-day moving average of $48.95 and a 200-day moving average of $47.54. Simplify US Equity PLUS Upside Convexity ETF has a 12 month low of $42.89 and a 12 month high of $52.08.

Simplify US Equity PLUS Upside Convexity ETF Company Profile

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.