Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Short Interest Down 66.8% in July

by · The Markets Daily

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC – Get Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 73 shares, a decline of 66.8% from the June 30th total of 220 shares. Based on an average daily volume of 3,746 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Kingdom Financial Group LLC. bought a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter valued at about $85,000. Kestra Advisory Services LLC purchased a new position in Simplify US Equity PLUS Upside Convexity ETF during the 4th quarter valued at about $86,000. Bank of America Corp DE purchased a new position in Simplify US Equity PLUS Upside Convexity ETF during the 3rd quarter valued at about $162,000. LifeWealth Investments LLC bought a new position in Simplify US Equity PLUS Upside Convexity ETF during the 4th quarter valued at approximately $219,000. Finally, Great Lakes Retirement Inc. bought a new position in Simplify US Equity PLUS Upside Convexity ETF during the 4th quarter valued at approximately $251,000.

Simplify US Equity PLUS Upside Convexity ETF Stock Down 0.4%

Shares of NYSEARCA:SPUC traded down $0.20 during midday trading on Tuesday, reaching $48.49. 5,528 shares of the company traded hands, compared to its average volume of 29,796. The firm’s fifty day moving average price is $49.22 and its two-hundred day moving average price is $47.67. The firm has a market capitalization of $91.16 million, a price-to-earnings ratio of 21.23 and a beta of 1.24. Simplify US Equity PLUS Upside Convexity ETF has a 12 month low of $42.89 and a 12 month high of $52.08.

About Simplify US Equity PLUS Upside Convexity ETF

(Get Free Report)

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.

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