Overlay Shares Large Cap Equity ETF (BATS:OVL – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 228,070 shares, a growth of 140.9% from the September 30th total of 94,664 shares. Currently, 3.7% of the shares of the stock are short sold. Based on an average daily volume of 208,055 shares, the short-interest ratio is presently 1.1 days.
Overlay Shares Large Cap Equity ETF Trading Down 0.3%
Overlay Shares Large Cap Equity ETF stock opened at $56.46 on Friday. The stock has a market cap of $350.62 million, a P/E ratio of 24.33 and a beta of 1.14. Overlay Shares Large Cap Equity ETF has a 12-month low of $48.42 and a 12-month high of $58.91. The company has a 50-day moving average price of $57.01 and a 200 day moving average price of $55.46.
Hedge Funds Weigh In On Overlay Shares Large Cap Equity ETF
An institutional investor recently bought a new stake in Overlay Shares Large Cap Equity ETF stock. Tsfg LLC bought a new position in shares of Overlay Shares Large Cap Equity ETF (BATS:OVL – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 526 shares of the company’s stock, valued at approximately $30,000.
About Overlay Shares Large Cap Equity ETF
The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.
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