TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) Shares Shorted: Short Interest Up 2,547.5% in September

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 12,099 shares, a growth of 2,547.5% from the September 15th total of 457 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 23,026 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of TrueShares Low Volatility Equity Income ETF

A hedge fund recently bought a new position in TrueShares Low Volatility Equity Income ETF stock. Highland Investment Advisors LLC acquired a new stake in TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,005 shares of the company’s stock, valued at approximately $38,000.

TrueShares Low Volatility Equity Income ETF Trading Up 0.1%

DIVZ stock traded up $0.02 during trading on Friday, reaching $37.16. 15,204 shares of the stock were exchanged, compared to its average volume of 28,181. The stock has a 50 day simple moving average of $37.90 and a 200-day simple moving average of $37.75. The company has a market capitalization of $302.11 million, a P/E ratio of 17.36 and a beta of 0.58. TrueShares Low Volatility Equity Income ETF has a twelve month low of $34.67 and a twelve month high of $39.67.

TrueShares Low Volatility Equity Income ETF Company Profile

The TrueShares Low Volatility Equity Income ETF (DIVZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market. DIVZ was launched on Jan 27, 2021 and is managed by TrueShares.