TrueShares Structured Outcome (August) ETF (BATS:AUGZ) Sees Large Increase in Short Interest

TrueShares Structured Outcome (August) ETF (BATS:AUGZ) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 125,096 shares, a growth of 1,819.5% from the April 15th total of 6,517 shares. Based on an average daily volume of 42,901 shares, the short-interest ratio is currently 2.9 days. Currently, 23.4% of the company’s shares are sold short.

Institutional Trading of TrueShares Structured Outcome (August) ETF

A hedge fund recently bought a new stake in TrueShares Structured Outcome (August) ETF stock. JPMorgan Chase & Co. purchased a new position in shares of TrueShares Structured Outcome (August) ETF (BATS:AUGZ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,520 shares of the company’s stock, valued at approximately $143,000. JPMorgan Chase & Co. owned 0.66% of TrueShares Structured Outcome (August) ETF at the end of the most recent quarter.

TrueShares Structured Outcome (August) ETF Price Performance

Shares of BATS:AUGZ traded up $0.11 during trading on Monday, reaching $44.98. 416 shares of the stock were exchanged, compared to its average volume of 24,988. TrueShares Structured Outcome has a 1-year low of $38.45 and a 1-year high of $45.06. The stock has a fifty day moving average of $42.08 and a two-hundred day moving average of $42.70.

TrueShares Structured Outcome (August) ETF Company Profile

The TrueShares Structured Outcome (August) ETF (AUGZ) is an exchange-traded fund that mostly invests in large cap equity. 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. AUGZ was launched on Jul 31, 2020 and is managed by TrueShares.