Short Interest in TrueShares Structured Outcome (October) ETF (BATS:OCTZ) Drops By 44.8%

TrueShares Structured Outcome (October) ETF (BATS:OCTZ) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,648 shares, a drop of 44.8% from the August 15th total of 2,985 shares. Based on an average trading volume of 538 shares, the short-interest ratio is presently 3.1 days. Currently, 0.2% of the company’s stock are sold short.

TrueShares Structured Outcome (October) ETF Stock Down 0.3%

BATS OCTZ opened at $46.00 on Tuesday. TrueShares Structured Outcome has a 52 week low of $40.24 and a 52 week high of $47.20. The business has a 50 day moving average price of $46.20 and a 200-day moving average price of $44.69. The company has a market cap of $38.18 million, a price-to-earnings ratio of 25.54 and a beta of 0.72.

About TrueShares Structured Outcome (October) ETF

The TrueShares Structured Outcome (October) ETF (OCTZ) is an exchange-traded fund that mostly invests in large cap equity. 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. OCTZ was launched on Sep 30, 2020 and is managed by TrueShares.