TrueShares Quarterly Bull Hedge ETF (BATS:QBUL) Sees Significant Drop in Short Interest

TrueShares Quarterly Bull Hedge ETF (BATS:QBUL) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 3,105 shares, a decrease of 45.2% from the May 14th total of 5,668 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 27,783 shares, the short-interest ratio is presently 0.1 days.

TrueShares Quarterly Bull Hedge ETF Stock Performance

QBUL stock opened at $24.30 on Tuesday. TrueShares Quarterly Bull Hedge ETF has a 1-year low of $23.51 and a 1-year high of $26.40. The business has a 50-day moving average price of $24.09 and a 200 day moving average price of $24.14.

About TrueShares Quarterly Bull Hedge ETF

The TrueShares Quarterly Bull Hedge ETF (QBUL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed ETF that aims for growth and capital preservation in the event of decline in the US equity market space. The fund invests in short-term income generating debt securities and short-term call options of large-cap US securities. QBUL was launched on Jun 28, 2024 and is issued by Truemark Group.