Overlay Shares Hedged Large Cap Equity ETF (BATS:OVLH) Short Interest Update

Overlay Shares Hedged Large Cap Equity ETF (BATS:OVLH) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 8,588 shares, a decline of 38.7% from the August 15th total of 14,006 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 22,691 shares, the short-interest ratio is currently 0.4 days.

Overlay Shares Hedged Large Cap Equity ETF Stock Performance

BATS:OVLH opened at $41.87 on Wednesday. Overlay Shares Hedged Large Cap Equity ETF has a fifty-two week low of $37.33 and a fifty-two week high of $43.18. The firm has a market cap of $118.07 million, a PE ratio of 25.97 and a beta of 0.73. The business has a 50 day moving average price of $42.16 and a 200-day moving average price of $41.01.

Hedge Funds Weigh In On Overlay Shares Hedged Large Cap Equity ETF

A hedge fund recently raised its position in Overlay Shares Hedged Large Cap Equity ETF stock. CoreCap Advisors LLC grew its holdings in shares of Overlay Shares Hedged Large Cap Equity ETF (BATS:OVLH) by 79.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,376 shares of the company’s stock after purchasing an additional 1,055 shares during the period. CoreCap Advisors LLC owned approximately 0.09% of Overlay Shares Hedged Large Cap Equity ETF worth $99,000 as of its most recent SEC filing.

About Overlay Shares Hedged Large Cap Equity ETF

The Overlay Shares Hedged Large Cap Equity ETF (OVLH) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to the US large-cap space combined with an option overlay strategy, utilizing a put spread and long-term OTM put options. OVLH was launched on Jan 14, 2021 and is managed by Overlay Shares.