Short Interest in TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) Drops By 95.7%

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 12,937 shares, a decrease of 95.7% from the July 15th total of 304,122 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 25,962 shares, the days-to-cover ratio is currently 0.5 days.

TrueShares Low Volatility Equity Income ETF Stock Down 0.1%

Shares of NYSEARCA:DIVZ traded down $0.03 on Wednesday, hitting $38.24. The company had a trading volume of 2,856 shares, compared to its average volume of 29,602. The firm’s 50-day simple moving average is $38.08 and its two-hundred day simple moving average is $37.87. The firm has a market capitalization of $297.12 million, a price-to-earnings ratio of 17.36 and a beta of 0.59. TrueShares Low Volatility Equity Income ETF has a 1 year low of $34.67 and a 1 year high of $39.67.

TrueShares Low Volatility Equity Income ETF Company Profile

The TrueShares Low Volatility Equity Income ETF (DIVZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market. DIVZ was launched on Jan 27, 2021 and is managed by TrueShares.