TrueShares Structured Outcome (January) ETF (BATS:JANZ) Sees Significant Decrease in Short Interest

TrueShares Structured Outcome (January) ETF (BATS:JANZ) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,490 shares, a decrease of 56.9% from the May 31st total of 5,775 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 4,718 shares, the days-to-cover ratio is presently 0.5 days.

TrueShares Structured Outcome (January) ETF Stock Performance

TrueShares Structured Outcome (January) ETF stock opened at $40.96 on Wednesday. The firm has a market cap of $27.85 million, a price-to-earnings ratio of 24.18 and a beta of 0.76. TrueShares Structured Outcome has a 52-week low of $35.54 and a 52-week high of $41.49. The firm has a 50 day moving average price of $40.46 and a two-hundred day moving average price of $38.88.

Hedge Funds Weigh In On TrueShares Structured Outcome (January) ETF

A hedge fund recently raised its stake in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. raised its position in shares of TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,126 shares of the company’s stock after acquiring an additional 11,116 shares during the quarter. JPMorgan Chase & Co. owned about 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 as of its most recent SEC filing.

About TrueShares Structured Outcome (January) ETF

The TrueShares Structured Outcome (January) ETF (JANZ) is an exchange-traded fund that mostly invests in large cap equity. 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. JANZ was launched on Dec 31, 2020 and is managed by TrueShares.