TrueShares Equity Hedge ETF (BATS:ONEH) Sees Significant Decrease in Short Interest

TrueShares Equity Hedge ETF (BATS:ONEH) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 637 shares, a decline of 89.0% from the June 30th total of 5,795 shares. Based on an average trading volume of 2,025 shares, the short-interest ratio is presently 0.3 days.

TrueShares Equity Hedge ETF Stock Up 0.3%

Shares of TrueShares Equity Hedge ETF stock opened at $24.65 on Friday. TrueShares Equity Hedge ETF has a twelve month low of $24.11 and a twelve month high of $25.00. The firm’s 50-day moving average price is $24.62.

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.