Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Short Interest Update

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 127 shares, a drop of 45.0% from the May 31st total of 231 shares. Based on an average daily trading volume, of 3,224 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Simplify US Equity PLUS Upside Convexity ETF Stock Down 0.2%

Shares of NYSEARCA SPUC traded down $0.08 during trading on Wednesday, reaching $49.11. 168 shares of the company traded hands, compared to its average volume of 8,364. The firm has a 50 day simple moving average of $48.95 and a 200-day simple moving average of $47.54. Simplify US Equity PLUS Upside Convexity ETF has a 52-week low of $42.89 and a 52-week high of $52.08. The stock has a market capitalization of $114.43 million, a PE ratio of 21.23 and a beta of 1.24.

Institutional Investors Weigh In On Simplify US Equity PLUS Upside Convexity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPUC. Kingdom Financial Group LLC. purchased a new stake in Simplify US Equity PLUS Upside Convexity ETF during the 4th quarter valued at $85,000. Kestra Advisory Services LLC bought a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF in the fourth quarter worth $86,000. Bank of America Corp DE bought a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF in the third quarter worth $162,000. LifeWealth Investments LLC purchased a new stake in Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter valued at $219,000. Finally, Great Lakes Retirement Inc. bought a new position in Simplify US Equity PLUS Upside Convexity ETF in the fourth quarter valued at about $251,000.

Simplify US Equity PLUS Upside Convexity ETF Company Profile

The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.