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

TrueShares Technology, AI & Deep Learning ETF (BATS:LRNZ) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 490 shares, a drop of 70.9% from the August 15th total of 1,683 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,112 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On TrueShares Technology, AI & Deep Learning ETF

A hedge fund recently bought a new stake in TrueShares Technology, AI & Deep Learning ETF stock. Continuum Advisory LLC bought a new stake in shares of TrueShares Technology, AI & Deep Learning ETF (BATS:LRNZ) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,517 shares of the company’s stock, valued at approximately $291,000. Continuum Advisory LLC owned approximately 0.69% of TrueShares Technology, AI & Deep Learning ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

TrueShares Technology, AI & Deep Learning ETF Trading Up 0.2%

Shares of LRNZ stock opened at $61.36 on Friday. The company’s fifty day moving average price is $61.58 and its 200-day moving average price is $53.44. The stock has a market cap of $39.88 million, a PE ratio of 54.00 and a beta of 1.37. TrueShares Technology, AI & Deep Learning ETF has a 12 month low of $37.89 and a 12 month high of $65.98.

TrueShares Technology, AI & Deep Learning ETF Company Profile

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.