Short Interest in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Decreases By 86.0%

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 634 shares, a drop of 86.0% from the June 30th total of 4,539 shares. Based on an average daily trading volume, of 8,042 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds 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 shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,559 shares of the company’s stock, valued at approximately $68,000. Blue Bell Private Wealth Management LLC owned 0.21% of TrueShares Structured Outcome (November) ETF as of its most recent SEC filing.

TrueShares Structured Outcome (November) ETF Price Performance

TrueShares Structured Outcome (November) ETF stock opened at $46.57 on Friday. The firm’s 50 day simple moving average is $46.95 and its 200-day simple moving average is $45.14. The company has a market cap of $34.46 million, a P/E ratio of 24.25 and a beta of 0.76. TrueShares Structured Outcome has a fifty-two week low of $41.57 and a fifty-two week high of $47.73.

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.