TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Short Interest Update

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 4,940 shares, a growth of 147.4% from the May 31st total of 1,997 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 13,087 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new position in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. bought a new stake in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned 0.47% of TrueShares Structured Outcome (November) ETF at the end of the most recent quarter.

TrueShares Structured Outcome (November) ETF Stock Performance

Shares of NOVZ stock opened at $46.79 on Tuesday. TrueShares Structured Outcome has a fifty-two week low of $41.57 and a fifty-two week high of $47.73. The stock’s fifty day moving average is $46.52 and its two-hundred day moving average is $44.85. The firm has a market capitalization of $34.62 million, a P/E ratio of 24.25 and a beta of 0.76.

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.