Short Interest in TrueShares Quarterly Bear Hedge ETF (BATS:QBER) Declines By 56.5%

TrueShares Quarterly Bear Hedge ETF (BATS:QBER) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 9,399 shares, a decline of 56.5% from the July 30th total of 21,599 shares. Based on an average daily trading volume, of 14,546 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

TrueShares Quarterly Bear Hedge ETF Price Performance

Shares of BATS QBER opened at $23.83 on Monday. TrueShares Quarterly Bear Hedge ETF has a 1-year low of $19.75 and a 1-year high of $24.99. The stock has a fifty day simple moving average of $23.85 and a two-hundred day simple moving average of $23.87.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Quarterly Bear Hedge ETF stock. Compass Financial Management LLC purchased a new stake in shares of TrueShares Quarterly Bear Hedge ETF (BATS:QBER) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,284 shares of the company’s stock, valued at approximately $31,000.

TrueShares Quarterly Bear Hedge ETF Company Profile

The TrueShares Quarterly Bear Hedge ETF (QBER) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that aims for capital preservation in the event of decline in the US equity market space. The fund invests in short-term income generating debt securities and short-term put options of large-cap US securities. QBER was launched on Jun 28, 2024 and is issued by Truemark Group.