Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) Short Interest Update

Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 617 shares, a decline of 69.6% from the April 15th total of 2,027 shares. Based on an average daily trading volume, of 7,793 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Simplify U.S. Equity PLUS GBTC ETF

Institutional investors have recently bought and sold shares of the stock. ARQ Wealth Advisors LLC raised its stake in Simplify U.S. Equity PLUS GBTC ETF by 11.5% during the third quarter. ARQ Wealth Advisors LLC now owns 6,460 shares of the company’s stock worth $290,000 after acquiring an additional 664 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Simplify U.S. Equity PLUS GBTC ETF by 630.1% during the third quarter. NewEdge Advisors LLC now owns 9,418 shares of the company’s stock valued at $422,000 after acquiring an additional 8,128 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of Simplify U.S. Equity PLUS GBTC ETF in the 3rd quarter valued at $1,044,000. Chicago Partners Investment Group LLC grew its holdings in shares of Simplify U.S. Equity PLUS GBTC ETF by 53.7% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 28,910 shares of the company’s stock worth $1,335,000 after purchasing an additional 10,096 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. grew its holdings in shares of Simplify U.S. Equity PLUS GBTC ETF by 19.7% in the 4th quarter. Total Clarity Wealth Management Inc. now owns 48,480 shares of the company’s stock worth $2,168,000 after purchasing an additional 7,962 shares during the last quarter. Institutional investors and hedge funds own 31.71% of the company’s stock.

Simplify U.S. Equity PLUS GBTC ETF Stock Performance

Shares of NASDAQ:SPBC traded up $0.45 during midday trading on Thursday, reaching $48.65. 2,339 shares of the company’s stock were exchanged, compared to its average volume of 7,686. The company’s 50 day simple moving average is $44.24 and its two-hundred day simple moving average is $44.57. Simplify U.S. Equity PLUS GBTC ETF has a 12 month low of $38.81 and a 12 month high of $48.72. The firm has a market capitalization of $45.24 million, a PE ratio of 128.03 and a beta of 1.22.

Simplify U.S. Equity PLUS GBTC ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. Simplify U.S. Equity PLUS GBTC ETF’s dividend payout ratio is presently 105.26%.

About Simplify U.S. Equity PLUS GBTC ETF

SP Bancorp, Inc is a non-diversified savings and loan holding company for SharePlus Federal Bank (the Bank). The Bank is a federally chartered savings bank. The Bank provides financial services to individuals, families and businesses through its six banking offices. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans secured by residential real estate, home equity loans and lines of credit, commercial real estate loans, consumer loans (consisting primarily of automobile loans) and commercial business loans.