TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) Short Interest Up 562.3% in July

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 304,122 shares, an increase of 562.3% from the June 30th total of 45,921 shares. Based on an average trading volume of 63,136 shares, the days-to-cover ratio is presently 4.8 days. Approximately 3.9% of the company’s stock are short sold.

TrueShares Low Volatility Equity Income ETF Stock Performance

NYSEARCA:DIVZ opened at $39.10 on Monday. TrueShares Low Volatility Equity Income ETF has a 52 week low of $34.67 and a 52 week high of $39.35. The firm has a 50-day moving average price of $37.91 and a two-hundred day moving average price of $37.72. The firm has a market cap of $302.63 million, a price-to-earnings ratio of 17.36 and a beta of 0.59.

About TrueShares Low Volatility Equity Income ETF

The TrueShares Low Volatility Equity Income ETF (DIVZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market. DIVZ was launched on Jan 27, 2021 and is managed by TrueShares.