Short Interest in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Rises By 233.0%

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 2,111 shares, a growth of 233.0% from the July 15th total of 634 shares. Based on an average trading volume of 441 shares, the short-interest ratio is currently 4.8 days. Approximately 0.3% of the company’s shares are short sold.

TrueShares Structured Outcome (November) ETF Price Performance

NOVZ stock opened at $48.41 on Friday. The business has a fifty day moving average of $47.07 and a two-hundred day moving average of $45.47. The stock has a market cap of $35.82 million, a price-to-earnings ratio of 24.25 and a beta of 0.76. TrueShares Structured Outcome has a 52-week low of $41.57 and a 52-week high of $48.41.

Hedge Funds Weigh In On TrueShares Structured Outcome (November) ETF

A hedge fund recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. acquired a new stake in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned 0.47% of TrueShares Structured Outcome (November) ETF at the end of the most recent quarter.

TrueShares Structured Outcome (November) ETF Company Profile

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price 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. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.