Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) Short Interest Update

Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 3,706 shares, an increase of 125.4% from the May 14th total of 1,644 shares. Based on an average daily volume of 2,472 shares, the short-interest ratio is presently 1.5 days. Approximately 0.4% of the company’s shares are sold short.

Simplify U.S. Equity PLUS GBTC ETF Stock Up 0.0%

Shares of Simplify U.S. Equity PLUS GBTC ETF stock opened at $47.13 on Monday. Simplify U.S. Equity PLUS GBTC ETF has a 12 month low of $39.66 and a 12 month high of $48.72. The business has a fifty day simple moving average of $46.49 and a 200 day simple moving average of $45.02. The stock has a market cap of $43.83 million, a PE ratio of 124.01 and a beta of 1.22.

Simplify U.S. Equity PLUS GBTC ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 26th. Simplify U.S. Equity PLUS GBTC ETF’s payout ratio is presently 105.26%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. ARQ Wealth Advisors LLC grew its stake in Simplify U.S. Equity PLUS GBTC ETF by 11.5% in the third quarter. ARQ Wealth Advisors LLC now owns 6,460 shares of the company’s stock valued at $290,000 after acquiring an additional 664 shares during the period. NewEdge Advisors LLC grew its stake in Simplify U.S. Equity PLUS GBTC ETF by 630.1% in the third quarter. NewEdge Advisors LLC now owns 9,418 shares of the company’s stock valued at $422,000 after acquiring an additional 8,128 shares during the period. Susquehanna International Group LLP acquired a new position in Simplify U.S. Equity PLUS GBTC ETF in the third quarter valued at about $1,044,000. Chicago Partners Investment Group LLC grew its stake in Simplify U.S. Equity PLUS GBTC ETF by 2.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 29,657 shares of the company’s stock valued at $1,341,000 after acquiring an additional 747 shares during the period. Finally, Total Clarity Wealth Management Inc. grew its stake in Simplify U.S. Equity PLUS GBTC ETF by 19.7% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 48,480 shares of the company’s stock valued at $2,168,000 after acquiring an additional 7,962 shares during the period. 31.71% of the stock is owned by institutional investors and hedge funds.

About Simplify U.S. Equity PLUS GBTC ETF

SP Bancorp, Inc is a non-diversified savings and loan holding company for SharePlus Federal Bank (the Bank). The Bank is a federally chartered savings bank. The Bank provides financial services to individuals, families and businesses through its six banking offices. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans secured by residential real estate, home equity loans and lines of credit, commercial real estate loans, consumer loans (consisting primarily of automobile loans) and commercial business loans.