Short Interest in TrueShares Active Yield ETF (NASDAQ:ERNZ) Expands By 125.6%

Posted by James Quigley on Mar 3rd, 2025

TrueShares Active Yield ETF (NASDAQ:ERNZ – Get Free Report) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 8,800 shares, a growth of 125.6% from the January 31st total of 3,900 shares. Based on an average daily trading volume, of 16,800 shares, the days-to-cover ratio is presently 0.5 days.

TrueShares Active Yield ETF Price Performance

NASDAQ ERNZ opened at $23.85 on Monday. The stock has a market capitalization of $155.74 million and a PE ratio of 12.66. The business has a 50 day simple moving average of $24.30 and a two-hundred day simple moving average of $24.69. TrueShares Active Yield ETF has a 1-year low of $23.65 and a 1-year high of $25.78.

TrueShares Active Yield ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 27th were issued a dividend of $0.1775 per share. This represents a $2.13 annualized dividend and a yield of 8.93%. The ex-dividend date of this dividend was Thursday, February 27th.

About TrueShares Active Yield ETF

(Get Free Report)

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.