TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Short Interest Down 86.0% in July

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 634 shares, a decrease of 86.0% from the June 30th total of 4,539 shares. Based on an average daily trading volume, of 8,042 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

TrueShares Structured Outcome (November) ETF Stock Performance

TrueShares Structured Outcome (November) ETF stock opened at $46.57 on Friday. The stock has a fifty day moving average of $46.95 and a two-hundred day moving average of $45.14. The company has a market capitalization of $34.46 million, a price-to-earnings 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 $47.73.

Institutional Trading of TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. purchased a new position in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned 0.47% of TrueShares Structured Outcome (November) ETF as of its most recent SEC filing.

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.