TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Sees Significant Drop in Short Interest

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 262 shares, a decrease of 87.6% from the July 30th total of 2,111 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 7,031 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC bought a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,559 shares of the company’s stock, valued at approximately $68,000. Blue Bell Private Wealth Management LLC owned 0.21% of TrueShares Structured Outcome (November) ETF at the end of the most recent quarter.

TrueShares Structured Outcome (November) ETF Stock Performance

Shares of NOVZ stock opened at $48.02 on Friday. TrueShares Structured Outcome has a 52-week low of $41.57 and a 52-week high of $48.41. The firm has a market capitalization of $35.53 million, a P/E ratio of 24.25 and a beta of 0.76. The stock has a 50 day moving average price of $47.29 and a 200 day moving average price of $45.73.

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.