Overlay Shares Small Cap Equity ETF (BATS:OVS) Stock Short Interest Jumps 901.7%

Overlay Shares Small Cap Equity ETF (BATS:OVS) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 20,245 shares, a growth of 901.7% from the August 31st total of 2,021 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 18,523 shares, the days-to-cover ratio is presently 1.1 days.

Overlay Shares Small Cap Equity ETF Stock Performance

OVS stock traded down $0.11 during mid-day trading on Thursday, reaching $39.08. 16,959 shares of the stock traded hands, compared to its average volume of 8,269. Overlay Shares Small Cap Equity ETF has a one year low of $33.14 and a one year high of $43.03. The stock has a market capitalization of $32.83 million, a PE ratio of 15.12 and a beta of 1.15. The business has a 50-day moving average price of $41.28 and a two-hundred day moving average price of $40.10.

About Overlay Shares Small Cap Equity ETF

The Overlay Shares Small Cap Equity ETF (OVS) is an exchange-traded fund that is based on the S&P 600 index. The fund is actively managed to provide exposure to small cap U.S. equities combined with a put spread option overlay strategy. OVS was launched on Sep 30, 2019 and is managed by Overlay Shares.