TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) Short Interest Update

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 23,394 shares, an increase of 119.3% from the August 15th total of 10,667 shares. Based on an average trading volume of 25,115 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company’s shares are short sold.

TrueShares Low Volatility Equity Income ETF Stock Performance

Shares of NYSEARCA:DIVZ traded up $0.17 during midday trading on Monday, hitting $38.15. 12,155 shares of the company’s stock traded hands, compared to its average volume of 28,580. The firm’s fifty day moving average price is $38.42 and its two-hundred day moving average price is $37.88. TrueShares Low Volatility Equity Income ETF has a twelve month low of $34.67 and a twelve month high of $39.67. The company has a market cap of $296.43 million, a PE ratio of 17.36 and a beta of 0.58.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in TrueShares Low Volatility Equity Income ETF stock. Highland Investment Advisors LLC bought a new stake in TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,005 shares of the company’s stock, valued at approximately $38,000.

About TrueShares Low Volatility Equity Income ETF

The TrueShares Low Volatility Equity Income ETF (DIVZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market. DIVZ was launched on Jan 27, 2021 and is managed by TrueShares.