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

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 72 shares, a growth of 1,100.0% from the May 31st total of 6 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,551 shares, the short-interest ratio is presently 0.0 days.

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

NYSEARCA:LITL opened at $33.46 on Friday. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a 52-week low of $26.01 and a 52-week high of $33.80. The company has a market cap of $5.69 million, a P/E ratio of 15.85 and a beta of 0.79. The stock’s 50-day simple moving average is $31.59 and its 200 day simple moving average is $30.49.

Institutional Investors Weigh In On Simplify Piper Sandler US Small-Cap PLUS Income ETF

An institutional investor recently bought a new stake in Simplify Piper Sandler US Small-Cap PLUS Income ETF stock. Envestnet Asset Management Inc. bought a new stake in Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 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.