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

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

Simplify Piper Sandler US Small-Cap PLUS Income ETF Stock Performance

LITL traded down $0.01 during midday trading on Friday, hitting $34.28. The stock had a trading volume of 10,901 shares, compared to its average volume of 1,045. 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. The business has a fifty day moving average of $32.29 and a 200 day moving average of $30.81. The company has a market cap of $6.86 million, a P/E ratio of 15.85 and a beta of 0.61.

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.