Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITL) Short Interest Update

Simplify Piper Sandler US Small-Cap PLUS Income ETF (NYSEARCA:LITLGet Free Report) was the target of a large increase in short interest in 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 days-to-cover ratio is presently 2.3 days. Currently, 1.7% of the shares of the stock are sold short.

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

LITL stock traded down $0.01 during mid-day trading on Friday, reaching $34.28. 10,901 shares of the company traded hands, compared to its average volume of 1,045. The company has a market capitalization of $6.86 million, a P/E ratio of 15.85 and a beta of 0.61. Simplify Piper Sandler US Small-Cap PLUS Income ETF has a 52-week low of $26.01 and a 52-week high of $34.70. The company has a fifty day moving average price of $32.29 and a 200-day moving average price of $30.81.

About Simplify Piper Sandler US Small-Cap PLUS Income ETF

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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.

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