Short Interest in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Expands By 233.0%

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 2,111 shares, a growth of 233.0% from the July 15th total of 634 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 441 shares, the short-interest ratio is currently 4.8 days.

Institutional Investors Weigh In On TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC bought a new stake in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 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.

TrueShares Structured Outcome (November) ETF Stock Performance

Shares of NOVZ opened at $48.33 on Friday. The stock has a 50-day moving average of $47.10 and a two-hundred day moving average of $45.49. The stock has a market cap of $35.76 million, a P/E ratio of 24.25 and a beta of 0.76. TrueShares Structured Outcome has a one year low of $41.57 and a one year high of $48.41.

TrueShares Structured Outcome (November) ETF Company Profile

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.