TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Short Interest Up 83.6% in August

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 481 shares, a growth of 83.6% from the August 15th total of 262 shares. Based on an average daily trading volume, of 805 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

TrueShares Structured Outcome (November) ETF Price Performance

BATS NOVZ opened at $47.13 on Thursday. The stock’s fifty day moving average price is $47.52 and its 200 day moving average price is $46.08. TrueShares Structured Outcome has a 1 year low of $41.57 and a 1 year high of $48.41. The company has a market cap of $34.88 million, a price-to-earnings ratio of 24.25 and a beta of 0.76.

Institutional Trading of TrueShares Structured Outcome (November) ETF

A hedge fund recently bought a new position in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC acquired a new stake in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,559 shares of the company’s stock, valued at approximately $68,000. Blue Bell Private Wealth Management LLC owned 0.21% of TrueShares Structured Outcome (November) ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About TrueShares Structured Outcome (November) ETF

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.