TrueShares Active Yield ETF (NASDAQ:ERNZ) Short Interest Update

TrueShares Active Yield ETF (NASDAQ:ERNZ) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 1,000 shares, a decrease of 76.7% from the March 15th total of 4,300 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 12,700 shares, the short-interest ratio is currently 0.1 days.

TrueShares Active Yield ETF Trading Down 0.9 %

Shares of ERNZ traded down $0.19 during midday trading on Wednesday, reaching $21.59. 4,312 shares of the company were exchanged, compared to its average volume of 47,501. The stock has a 50-day moving average price of $23.27 and a 200-day moving average price of $24.16. TrueShares Active Yield ETF has a 1-year low of $20.64 and a 1-year high of $25.78. The company has a market cap of $142.49 million and a price-to-earnings ratio of 10.16.

TrueShares Active Yield ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Thursday, March 27th were given a $0.20 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from TrueShares Active Yield ETF’s previous dividend of $0.13.

About TrueShares Active Yield ETF

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.