Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Stock Short Interest Report for September

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 22,868 shares, a growth of 226.5% from the September 15th total of 7,004 shares. Based on an average trading volume of 47,392 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the company’s stock are short sold.

Simplify US Equity PLUS Upside Convexity ETF Stock Performance

Shares of SPUC traded up $0.26 during trading hours on Friday, hitting $49.63. The company had a trading volume of 37,883 shares, compared to its average volume of 38,704. The firm has a fifty day moving average price of $49.61 and a 200-day moving average price of $48.71. The stock has a market capitalization of $259.07 million, a price-to-earnings ratio of 21.23 and a beta of 1.23. Simplify US Equity PLUS Upside Convexity ETF has a 52-week low of $42.89 and a 52-week high of $52.08.

Institutional Trading of Simplify US Equity PLUS Upside Convexity ETF

A hedge fund recently bought a new position in Simplify US Equity PLUS Upside Convexity ETF stock. Elevated Capital Advisors LLC bought a new position in Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,636 shares of the company’s stock, valued at approximately $514,000. Elevated Capital Advisors LLC owned about 0.51% of Simplify US Equity PLUS Upside Convexity ETF as of its most recent filing with the Securities & Exchange Commission.

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.