Short Interest in Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Expands By 4,638.9%

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,412 shares, a growth of 4,638.9% from the June 15th total of 72 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average trading volume of 1,490 shares, the days-to-cover ratio is presently 2.3 days.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Stock Down 0.0%

LITL stock traded down $0.01 during midday trading on Friday, hitting $34.28. The company’s stock had a trading volume of 10,901 shares, compared to its average volume of 1,045. The stock has a market cap of $6.86 million, a price-to-earnings ratio of 15.85 and a beta of 0.61. The stock’s 50-day moving average price is $32.29 and its 200 day moving average price is $30.81. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a 1 year low of $26.01 and a 1 year high of $34.70.

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.