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

Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 754 shares, a growth of 159.1% from the July 15th total of 291 shares. Based on an average trading volume of 7,292 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Simplify U.S. Equity PLUS GBTC ETF Price Performance

Shares of Simplify U.S. Equity PLUS GBTC ETF stock traded down $0.09 during midday trading on Friday, hitting $49.35. The company had a trading volume of 1,385 shares, compared to its average volume of 7,277. Simplify U.S. Equity PLUS GBTC ETF has a 1-year low of $40.29 and a 1-year high of $49.63. The business’s 50 day simple moving average is $47.64 and its two-hundred day simple moving average is $45.86. The stock has a market cap of $45.89 million, a PE ratio of 129.86 and a beta of 1.22.

Simplify U.S. Equity PLUS GBTC ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, June 25th. Simplify U.S. Equity PLUS GBTC ETF’s dividend payout ratio (DPR) is currently 105.26%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SPBC. CWM LLC lifted its stake in shares of 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 buying an additional 5,362 shares during the period. Professional Financial Advisors LLC increased its stake in Simplify U.S. Equity PLUS GBTC ETF by 2.9% during the second quarter. Professional Financial Advisors LLC now owns 130,926 shares of the company’s stock valued at $6,179,000 after acquiring an additional 3,742 shares during the period. SFG Wealth Management LLC. raised its holdings in Simplify U.S. Equity PLUS GBTC ETF by 1.1% in the 4th quarter. SFG Wealth Management LLC. now owns 100,401 shares of the company’s stock valued at $4,490,000 after acquiring an additional 1,132 shares in the last quarter. WJ Wealth Management LLC acquired a new position in Simplify U.S. Equity PLUS GBTC ETF in the 3rd quarter valued at approximately $2,760,000. Finally, Private Advisor Group LLC lifted its position in shares of Simplify U.S. Equity PLUS GBTC ETF by 0.9% in the 1st quarter. Private Advisor Group LLC now owns 57,214 shares of the company’s stock worth $2,379,000 after acquiring an additional 498 shares during the period. Institutional investors and hedge funds own 31.71% of the company’s stock.

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.