TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Sees Significant Decrease in Short Interest

TrueShares Structured Outcome (May) ETF (BATS:MAYZ) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,833 shares, a decline of 70.5% from the June 15th total of 6,211 shares. Based on an average daily volume of 1,064 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.7% of the shares of the stock are short sold.

TrueShares Structured Outcome (May) ETF Price Performance

BATS:MAYZ traded up $0.18 on Friday, reaching $36.39. The stock had a trading volume of 244 shares, compared to its average volume of 3,924. TrueShares Structured Outcome has a 12-month low of $31.04 and a 12-month high of $36.58. The company has a market cap of $10.19 million, a price-to-earnings ratio of 25.67 and a beta of 0.71. The firm’s fifty day moving average is $35.90 and its two-hundred day moving average is $34.27.

TrueShares Structured Outcome (May) ETF Company Profile

The TrueShares Structured Outcome (May) ETF (MAYZ) is an exchange-traded fund that mostly invests in large cap equity. 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. MAYZ was launched on Apr 30, 2021 and is managed by TrueShares.