TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Sees Significant Decrease in Short Interest

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 112 shares, a decline of 94.7% from the April 30th total of 2,106 shares. Based on an average trading volume of 5,734 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new position in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned approximately 0.47% of TrueShares Structured Outcome (November) ETF at the end of the most recent reporting period.

TrueShares Structured Outcome (November) ETF Trading Up 0.5%

TrueShares Structured Outcome (November) ETF stock opened at $47.41 on Friday. The business’s fifty day simple moving average is $44.81 and its two-hundred day simple moving average is $44.56. TrueShares Structured Outcome has a 12 month low of $40.30 and a 12 month high of $47.41. The company has a market capitalization of $35.08 million, a price-to-earnings ratio of 24.25 and a beta of 0.76.

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.