TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Shares Shorted: Short Interest Up 1,251.4% in October

TrueShares Structured Outcome (February) ETF (BATS:FEBZ) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 1,500 shares, a growth of 1,251.4% from the October 15th total of 111 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 552 shares, the days-to-cover ratio is presently 2.7 days.

TrueShares Structured Outcome (February) ETF Stock Up 0.9%

Shares of TrueShares Structured Outcome (February) ETF stock opened at $40.57 on Thursday. TrueShares Structured Outcome has a 52 week low of $35.58 and a 52 week high of $41.58. The firm’s 50 day moving average is $40.89 and its two-hundred day moving average is $39.60. The firm has a market capitalization of $32.05 million, a P/E ratio of 25.99 and a beta of 0.72.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Structured Outcome (February) ETF stock. Harbour Investments Inc. bought a new stake in TrueShares Structured Outcome (February) ETF (BATS:FEBZ) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 1,023 shares of the company’s stock, valued at approximately $42,000. Harbour Investments Inc. owned about 0.13% of TrueShares Structured Outcome (February) ETF at the end of the most recent reporting period.

About TrueShares Structured Outcome (February) ETF

The TrueShares Structured Outcome (February) ETF (FEBZ) is an exchange-traded fund that is based on the S&P 500 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. FEBZ was launched on Jan 31, 2021 and is managed by TrueShares.