TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Sees Significant Decrease in Short Interest

TrueShares Structured Outcome (February) ETF (BATS:FEBZ) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 2,571 shares, a drop of 40.7% from the June 15th total of 4,332 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 821 shares, the days-to-cover ratio is currently 3.1 days.

TrueShares Structured Outcome (February) ETF Price Performance

Shares of FEBZ traded down $0.28 during midday trading on Friday, reaching $40.19. The stock had a trading volume of 31 shares, compared to its average volume of 3,827. The firm’s 50 day moving average price is $40.26 and its 200-day moving average price is $38.62. The company has a market capitalization of $10.45 million, a P/E ratio of 25.99 and a beta of 0.72. TrueShares Structured Outcome has a 52 week low of $35.58 and a 52 week high of $40.93.

About TrueShares Structured Outcome (February) ETF

The TrueShares Structured Outcome (February) ETF (FEBZ) is an exchange-traded fund that is based on the S&P 500 index. 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. FEBZ was launched on Jan 31, 2021 and is managed by TrueShares.