Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 869 shares, a drop of 61.5% from the June 15th total of 2,255 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 8,072 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On Simplify US Equity PLUS Downside Convexity ETF
Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 182.4% in the 1st quarter. Jane Street Group LLC now owns 20,967 shares of the company’s stock worth $649,000 after buying an additional 13,543 shares in the last quarter. Osaic Holdings Inc. grew its position in Simplify US Equity PLUS Downside Convexity ETF by 21.8% in the second quarter. Osaic Holdings Inc. now owns 7,218 shares of the company’s stock valued at $265,000 after acquiring an additional 1,291 shares during the period. Citadel Advisors LLC bought a new stake in Simplify US Equity PLUS Downside Convexity ETF in the third quarter valued at $464,000. Susquehanna International Group LLP acquired a new position in Simplify US Equity PLUS Downside Convexity ETF during the third quarter worth $456,000. Finally, Centennial Advisors LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF during the fourth quarter worth $324,000.
Simplify US Equity PLUS Downside Convexity ETF Price Performance
Shares of Simplify US Equity PLUS Downside Convexity ETF stock traded up $0.07 during trading on Wednesday, hitting $41.81. 6,883 shares of the company’s stock traded hands, compared to its average volume of 13,198. The company has a market cap of $106.62 million, a PE ratio of 28.26 and a beta of 0.75. The firm’s fifty day moving average price is $41.32 and its 200 day moving average price is $39.60. Simplify US Equity PLUS Downside Convexity ETF has a twelve month low of $35.72 and a twelve month high of $42.29.
Simplify US Equity PLUS Downside Convexity ETF Company Profile
The Simplify US Equity PLUS Downside Convexity ETF (SPD) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds that provides exposure to US large-cap stocks while applying a downside options overlay strategy. SPD was launched on Sep 3, 2020 and is managed by Simplify.
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