Short Interest in TrueShares Equity Hedge ETF (BATS:ONEH) Declines By 46.6%

TrueShares Equity Hedge ETF (BATS:ONEH) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 3,960 shares, a decline of 46.6% from the July 30th total of 7,409 shares. Based on an average daily volume of 62,137 shares, the days-to-cover ratio is presently 0.1 days.

TrueShares Equity Hedge ETF Stock Performance

Shares of BATS:ONEH opened at $24.56 on Monday. The business has a 50 day simple moving average of $24.65. TrueShares Equity Hedge ETF has a twelve month low of $24.11 and a twelve month high of $25.00.

TrueShares Equity Hedge ETF (BATS: ONEH) is an exchange-traded fund listed on the Cboe BZX Exchange and offered under the TrueShares brand. As an ETF, it provides investors with a pooled vehicle that trades on an exchange like a stock and is intended to deliver exposure to an investment strategy described in the fund’s prospectus.

The fund’s name indicates an equity-hedge orientation: it is positioned to offer equity market exposure together with a hedging component intended to mitigate downside risk.