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

Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,239 shares, an increase of 183.4% from the November 30th total of 790 shares. Based on an average trading volume of 9,752 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 9,752 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Simplify US Equity PLUS Convexity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of Simplify US Equity PLUS Convexity ETF during the second quarter worth $48,000. Osaic Holdings Inc. acquired a new position in Simplify US Equity PLUS Convexity ETF during the 2nd quarter valued at about $67,000. Modern Wealth Management LLC acquired a new stake in Simplify US Equity PLUS Convexity ETF in the second quarter worth approximately $230,000. LifeWealth Investments LLC acquired a new stake in shares of Simplify US Equity PLUS Convexity ETF in the second quarter valued at $237,000. Finally, OLD Mission Capital LLC grew its stake in shares of Simplify US Equity PLUS Convexity ETF by 7.5% in the 1st quarter. OLD Mission Capital LLC now owns 8,031 shares of the company’s stock worth $277,000 after purchasing an additional 559 shares during the last quarter.

Simplify US Equity PLUS Convexity ETF Stock Down 0.3%

Simplify US Equity PLUS Convexity ETF stock opened at $43.54 on Friday. The firm has a fifty day moving average of $43.11 and a 200-day moving average of $42.04. Simplify US Equity PLUS Convexity ETF has a 52-week low of $30.67 and a 52-week high of $45.21. The firm has a market capitalization of $94.48 million, a P/E ratio of 26.87 and a beta of 0.98.

About Simplify US Equity PLUS Convexity ETF

The Simplify US Equity PLUS Convexity ETF (SPYC) 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 the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk. SPYC was launched on Sep 3, 2020 and is managed by Simplify.