Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Short Interest Update
by Mitch Edgeman · The Markets DailySimplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL – Get Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 6 shares, a decline of 92.6% from the May 14th total of 81 shares. Based on an average daily trading volume, of 298 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.
Simplify Piper Sandler US Small-Cap PLUS Income ETF Stock Performance
Shares of LITL stock traded up $0.36 on Tuesday, reaching $31.67. 9,588 shares of the company were exchanged, compared to its average volume of 879. The company has a market cap of $5.38 million, a price-to-earnings ratio of 15.85 and a beta of 0.79. The business has a 50-day moving average price of $30.80 and a 200 day moving average price of $30.18. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a 1 year low of $26.01 and a 1 year high of $31.67.
Hedge Funds Weigh In On Simplify Piper Sandler US Small-Cap PLUS Income ETF
An institutional investor recently bought a new position in Simplify Piper Sandler US Small-Cap PLUS Income ETF stock. Envestnet Asset Management Inc. acquired a new position in Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 52,403 shares of the company’s stock, valued at approximately $1,494,000. Envestnet Asset Management Inc. owned about 26.20% of Simplify Piper Sandler US Small-Cap PLUS Income ETF as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.13% of the company’s stock.
Simplify Piper Sandler US Small-Cap PLUS Income ETF Company Profile
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.