Short Interest in TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Expands By 256.3%

TrueShares Structured Outcome (February) ETF (BATS:FEBZ) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,019 shares, an increase of 256.3% from the April 30th total of 286 shares. Based on an average daily trading volume, of 8,677 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the company’s shares are short sold.

TrueShares Structured Outcome (February) ETF Price Performance

Shares of TrueShares Structured Outcome (February) ETF stock remained flat at $40.64 on Friday. The company’s stock had a trading volume of 2,435 shares, compared to its average volume of 2,707. The business has a 50 day moving average price of $38.40 and a 200-day moving average price of $38.19. TrueShares Structured Outcome has a 52-week low of $34.63 and a 52-week high of $40.64. The firm has a market cap of $10.57 million, a P/E ratio of 25.99 and a beta of 0.72.

About TrueShares Structured Outcome (February) ETF

The TrueShares Structured Outcome (February) ETF (FEBZ) is an exchange-traded fund that is based on the S&P 500 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. FEBZ was launched on Jan 31, 2021 and is managed by TrueShares.