Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Sees Large Decline in Short Interest

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 59 shares, a drop of 79.2% from the July 30th total of 284 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 715 shares, the short-interest ratio is presently 0.1 days.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Trading Down 0.4%

NYSEARCA:LITL traded down $0.15 during midday trading on Friday, reaching $34.11. The company had a trading volume of 563 shares, compared to its average volume of 1,114. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a 12-month low of $26.45 and a 12-month high of $35.36. The firm has a market capitalization of $6.82 million, a price-to-earnings ratio of 15.85 and a beta of 0.65. The stock’s fifty day simple moving average is $34.24 and its 200-day simple moving average is $31.81.

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.