Short Interest in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Rises By 83.6%

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 481 shares, a growth of 83.6% from the August 15th total of 262 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 805 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On TrueShares Structured Outcome (November) ETF

A hedge fund recently bought a new position in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC purchased a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,559 shares of the company’s stock, valued at approximately $68,000. Blue Bell Private Wealth Management LLC owned approximately 0.21% of TrueShares Structured Outcome (November) ETF at the end of the most recent quarter.

TrueShares Structured Outcome (November) ETF Stock Performance

BATS:NOVZ opened at $47.28 on Wednesday. The stock has a 50-day simple moving average of $47.51 and a 200 day simple moving average of $46.06. TrueShares Structured Outcome has a one year low of $41.57 and a one year high of $48.41. The company has a market capitalization of $34.99 million, a price-to-earnings ratio of 24.25 and a beta of 0.76.

TrueShares Structured Outcome (November) ETF Company Profile

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.