TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) Short Interest Update

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 23,394 shares, an increase of 119.3% from the August 15th total of 10,667 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 25,115 shares, the days-to-cover ratio is currently 0.9 days.

TrueShares Low Volatility Equity Income ETF Price Performance

DIVZ stock traded down $0.14 during midday trading on Tuesday, hitting $38.04. The stock had a trading volume of 18,330 shares, compared to its average volume of 28,547. The business has a 50-day moving average of $38.42 and a two-hundred day moving average of $37.88. The firm has a market cap of $295.57 million, a price-to-earnings ratio of 17.36 and a beta of 0.58. TrueShares Low Volatility Equity Income ETF has a 52-week low of $34.67 and a 52-week high of $39.67.

Institutional Trading of TrueShares Low Volatility Equity Income ETF

An institutional investor recently bought a new position in TrueShares Low Volatility Equity Income ETF stock. Highland Investment Advisors LLC purchased a new stake in shares of TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,005 shares of the company’s stock, valued at approximately $38,000.

About TrueShares Low Volatility Equity Income ETF

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.