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) 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 Stock Performance

Shares of NYSEARCA LITL traded down $0.04 during midday trading on Friday, reaching $31.59. The company’s stock had a trading volume of 81 shares, compared to its average volume of 785. 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 $31.64. The business’s 50 day moving average price is $30.40 and its two-hundred day moving average price is $30.02. The company has a market cap of $5.37 million, a P/E ratio of 15.85 and a beta of 1.56.

Institutional Investors Weigh In On 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 Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter. 0.13% of the stock is currently owned by hedge funds and other institutional investors.

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.