Overlay Shares Foreign Equity ETF (BATS:OVF) Sees Large Drop in Short Interest

Overlay Shares Foreign Equity ETF (BATS:OVF) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 10,518 shares, a drop of 65.8% from the August 15th total of 30,795 shares. Based on an average daily volume of 26,507 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the company are sold short.

Overlay Shares Foreign Equity ETF Trading Up 1.4%

BATS OVF opened at $31.86 on Friday. Overlay Shares Foreign Equity ETF has a 1-year low of $28.00 and a 1-year high of $32.76. The company has a 50 day moving average of $31.79 and a 200-day moving average of $31.33. The company has a market cap of $52.25 million, a price-to-earnings ratio of 15.91 and a beta of 0.80.

Overlay Shares Foreign Equity ETF Company Profile

The Overlay Shares Foreign Equity ETF (OVF) is an exchange-traded fund that is based on the MSCI ACWI ex US index. The fund is actively managed to provide exposure to non-U.S. equities combined with a U.S OVF was launched on Sep 30, 2019 and is managed by Overlay Shares.