TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Sees Significant Growth in Short Interest

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 4,940 shares, a growth of 147.4% from the May 31st total of 1,997 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 13,087 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. bought a new position in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 Stock Performance

TrueShares Structured Outcome (November) ETF stock opened at $46.27 on Monday. The stock has a market cap of $34.24 million, a P/E ratio of 24.25 and a beta of 0.76. The company has a fifty day simple moving average of $46.48 and a 200-day simple moving average of $44.84. TrueShares Structured Outcome has a 12-month low of $41.57 and a 12-month high of $47.73.

About TrueShares Structured Outcome (November) ETF

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.