Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Shares Shorted: Short Interest Up 909.1% in October

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 1,221 shares, a growth of 909.1% from the October 15th total of 121 shares. Based on an average daily trading volume, of 2,876 shares, the short-interest ratio is presently 0.4 days. Currently, 0.6% of the company’s stock are sold short.

Simplify Piper Sandler US Small-Cap PLUS Income ETF Trading Down 0.9%

LITL stock traded down $0.30 during trading on Thursday, reaching $33.58. 13 shares of the stock were exchanged, compared to its average volume of 1,325. The firm’s 50 day moving average is $33.69 and its 200 day moving average is $32.23. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a twelve month low of $26.45 and a twelve month high of $35.62. The firm has a market cap of $6.72 million, a P/E ratio of 15.85 and a beta of 0.63.

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.