TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Sees Large Increase in Short Interest

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 782 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 458 shares, the short-interest ratio is presently 1.7 days.

TrueShares Structured Outcome (November) ETF Trading Down 0.5%

Shares of TrueShares Structured Outcome (November) ETF stock traded down $0.25 during trading on Friday, reaching $46.75. The company’s stock had a trading volume of 84 shares, compared to its average volume of 2,501. The company has a 50-day moving average price of $47.57 and a two-hundred day moving average price of $46.19. The firm has a market cap of $36.47 million, a PE ratio of 24.25 and a beta of 0.76. TrueShares Structured Outcome has a fifty-two week low of $41.57 and a fifty-two week high of $48.44.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC acquired a new stake in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,159 shares of the company’s stock, valued at approximately $150,000. Blue Bell Private Wealth Management LLC owned 0.43% of TrueShares Structured Outcome (November) ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About TrueShares Structured Outcome (November) ETF

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price index. The fund aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively-managed fund holds options and collateral. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.