Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) Short Interest Down 57.5% in July

Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 291 shares, a decrease of 57.5% from the June 30th total of 684 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,708 shares, the days-to-cover ratio is presently 0.1 days.

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

A number of institutional investors have recently bought and sold shares of SPBC. CWM LLC grew its stake in Simplify U.S. Equity PLUS GBTC ETF by 2.0% in the fourth quarter. CWM LLC now owns 279,525 shares of the company’s stock valued at $12,500,000 after purchasing an additional 5,362 shares in the last quarter. Professional Financial Advisors LLC raised its stake in shares of Simplify U.S. Equity PLUS GBTC ETF by 2.9% during the 2nd quarter. Professional Financial Advisors LLC now owns 130,926 shares of the company’s stock worth $6,179,000 after purchasing an additional 3,742 shares in the last quarter. SFG Wealth Management LLC. raised its stake in shares of Simplify U.S. Equity PLUS GBTC ETF by 1.1% during the 4th quarter. SFG Wealth Management LLC. now owns 100,401 shares of the company’s stock worth $4,490,000 after purchasing an additional 1,132 shares in the last quarter. WJ Wealth Management LLC acquired a new stake in shares of Simplify U.S. Equity PLUS GBTC ETF during the 3rd quarter valued at about $2,760,000. Finally, Private Advisor Group LLC lifted its holdings in shares of Simplify U.S. Equity PLUS GBTC ETF by 0.9% during the 1st quarter. Private Advisor Group LLC now owns 57,214 shares of the company’s stock valued at $2,379,000 after buying an additional 498 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 Up 0.0%

SPBC stock opened at $47.06 on Monday. The company has a 50 day moving average of $47.55 and a two-hundred day moving average of $45.55. The company has a market cap of $43.77 million, a price-to-earnings ratio of 123.84 and a beta of 1.22. Simplify U.S. Equity PLUS GBTC ETF has a 12-month low of $40.29 and a 12-month high of $48.72.

Simplify U.S. Equity PLUS GBTC ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, June 25th. 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 105.26%.

Simplify U.S. Equity PLUS GBTC ETF Company Profile

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.