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

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 284 shares, an increase of 1,675.0% from the July 15th total of 16 shares. Based on an average daily trading volume, of 2,401 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Stock Down 0.5%

Shares of NYSEARCA:LITL traded down $0.16 during midday trading on Tuesday, hitting $34.65. The stock had a trading volume of 200 shares, compared to its average volume of 1,130. The company’s 50-day moving average price is $33.53 and its 200-day moving average price is $31.41. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a fifty-two week low of $26.45 and a fifty-two week high of $35.36. The company has a market capitalization of $6.93 million, a P/E ratio of 15.85 and a beta of 0.65.

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.