Short Interest in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Declines By 94.7%

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 112 shares, a drop of 94.7% from the April 30th total of 2,106 shares. Based on an average daily volume of 5,734 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

TrueShares Structured Outcome (November) ETF Price Performance

NOVZ stock remained flat at $47.19 during midday trading on Wednesday. The company’s stock had a trading volume of 56 shares, compared to its average volume of 1,672. TrueShares Structured Outcome has a one year low of $40.28 and a one year high of $47.20. The firm’s fifty day simple moving average is $44.64 and its 200 day simple moving average is $44.53. The company has a market cap of $34.92 million, a PE ratio of 24.25 and a beta of 0.76.

Hedge Funds Weigh In On TrueShares Structured Outcome (November) ETF

A hedge fund recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC purchased a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,559 shares of the company’s stock, valued at approximately $68,000. Blue Bell Private Wealth Management LLC owned about 0.21% of TrueShares Structured Outcome (November) ETF as of its most recent SEC filing.

About TrueShares Structured Outcome (November) ETF

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price index. The fund aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively-managed fund holds options and collateral. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.