Short Interest in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Rises By 1,683.0%

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,997 shares, an increase of 1,683.0% from the May 14th total of 112 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 266 shares, the short-interest ratio is currently 7.5 days.

TrueShares Structured Outcome (November) ETF Price Performance

BATS:NOVZ opened at $46.10 on Thursday. The firm has a market capitalization of $34.11 million, a P/E ratio of 24.25 and a beta of 0.76. TrueShares Structured Outcome has a 1-year low of $40.67 and a 1-year high of $47.73. The company’s fifty day moving average price is $45.65 and its 200-day moving average price is $44.71.

Hedge Funds Weigh In On TrueShares Structured Outcome (November) ETF

A hedge fund recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC acquired a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,559 shares of the company’s stock, valued at approximately $68,000. Blue Bell Private Wealth Management LLC owned approximately 0.21% of TrueShares Structured Outcome (November) ETF as of its most recent SEC filing.

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.