Overlay Shares Foreign Equity ETF (BATS:OVF) Stock Short Interest Jumps 198.6%

Overlay Shares Foreign Equity ETF (BATS:OVF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 31,404 shares, an increase of 198.6% from the August 31st total of 10,518 shares. Based on an average trading volume of 30,776 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.9% of the shares of the company are short sold.

Overlay Shares Foreign Equity ETF Trading Up 1.2%

Shares of OVF stock traded up $0.37 during trading hours on Friday, hitting $31.68. The company’s stock had a trading volume of 24,442 shares, compared to its average volume of 15,159. The company has a 50 day moving average of $31.79 and a 200 day moving average of $31.34. Overlay Shares Foreign Equity ETF has a 12-month low of $28.00 and a 12-month high of $32.76. The stock has a market cap of $51.96 million, a PE ratio of 15.91 and a beta of 0.80.

About Overlay Shares Foreign Equity ETF

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.