TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Sees Significant Drop in Short Interest

TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 255 shares, a decline of 43.7% from the April 15th total of 453 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,357 shares, the short-interest ratio is currently 0.1 days.

TrueShares Technology, AI & Deep Learning ETF Trading Down 1.8%

LRNZ stock traded down $0.94 during midday trading on Friday, reaching $50.48. The stock had a trading volume of 2,063 shares, compared to its average volume of 3,592. The company has a market cap of $34.83 million, a price-to-earnings ratio of 54.00 and a beta of 1.29. TrueShares Technology, AI & Deep Learning ETF has a 52-week low of $37.89 and a 52-week high of $52.88. The company’s fifty day simple moving average is $43.51 and its 200 day simple moving average is $45.62.

Hedge Funds Weigh In On TrueShares Technology, AI & Deep Learning ETF

An institutional investor recently bought a new position in TrueShares Technology, AI & Deep Learning ETF stock. Triumph Capital Management purchased a new stake in TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,358 shares of the company’s stock, valued at approximately $107,000. Triumph Capital Management owned 0.32% of TrueShares Technology, AI & Deep Learning ETF as of its most recent SEC filing.

About TrueShares Technology, AI & Deep Learning ETF

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.