TrueShares Equity Hedge ETF (BATS:ONEH) Sees Large Increase in Short Interest

TrueShares Equity Hedge ETF (BATS:ONEH) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,202 shares, an increase of 56.6% from the August 15th total of 3,960 shares. Based on an average trading volume of 3,622 shares, the days-to-cover ratio is currently 1.7 days.

TrueShares Equity Hedge ETF Stock Down 0.1%

Shares of ONEH opened at $24.42 on Thursday. TrueShares Equity Hedge ETF has a twelve month low of $24.11 and a twelve month high of $26.03. The company has a 50 day moving average of $24.63 and a 200-day moving average of $24.59.

TrueShares Equity Hedge ETF (BATS: ONEH) is an exchange-traded fund listed on the Cboe BZX Exchange and offered under the TrueShares brand. As an ETF, it provides investors with a pooled vehicle that trades on an exchange like a stock and is intended to deliver exposure to an investment strategy described in the fund’s prospectus.

The fund’s name indicates an equity-hedge orientation: it is positioned to offer equity market exposure together with a hedging component intended to mitigate downside risk.