TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Short Interest Update

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the target of a significant 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 presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On TrueShares Structured Outcome (November) ETF

A hedge fund recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned about 0.47% of TrueShares Structured Outcome (November) ETF at the end of the most recent quarter.

TrueShares Structured Outcome (November) ETF Price Performance

Shares of NOVZ stock traded up $0.01 on Monday, hitting $46.58. The stock had a trading volume of 719 shares, compared to its average volume of 2,823. The business has a 50 day moving average of $46.95 and a 200 day moving average of $45.14. TrueShares Structured Outcome has a 12-month low of $41.57 and a 12-month high of $47.73. The stock has a market cap of $34.47 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.