Short Interest in Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Drops By 45.0%

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

Simplify US Equity PLUS Upside Convexity ETF Stock Down 0.1%

NYSEARCA:SPUC opened at $49.07 on Friday. 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’s fifty day moving average is $49.00 and its two-hundred day moving average is $47.51. The company has a market capitalization of $92.25 million, a P/E ratio of 21.23 and a beta of 1.24.

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

Several large investors have recently added to or reduced their stakes in SPUC. Bank of America Corp DE purchased a new stake in Simplify US Equity PLUS Upside Convexity ETF during the 3rd quarter worth about $162,000. AE Wealth Management LLC boosted its stake in shares of Simplify US Equity PLUS Upside Convexity ETF by 7,426.8% in the 4th quarter. AE Wealth Management LLC now owns 93,106 shares of the company’s stock valued at $4,338,000 after buying an additional 91,869 shares during the period. LifeWealth Investments LLC acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter worth about $219,000. B.O.S.S. Retirement Advisors LLC acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter worth about $479,000. Finally, Kingdom Financial Group LLC. purchased a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter worth approximately $85,000.

About Simplify US Equity PLUS Upside Convexity ETF

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.