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

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 481 shares, a growth of 83.6% from the August 15th total of 262 shares. Based on an average daily trading volume, of 805 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

TrueShares Structured Outcome (November) ETF Stock Down 0.4%

NOVZ opened at $47.28 on Wednesday. The company’s 50-day moving average price is $47.51 and its 200 day moving average price is $46.06. TrueShares Structured Outcome has a fifty-two week low of $41.57 and a fifty-two week high of $48.41. The firm has a market cap of $34.99 million, a price-to-earnings ratio of 24.25 and a beta of 0.76.

Institutional Investors Weigh In On TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new position in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC purchased a new position in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,559 shares of the company’s stock, valued at approximately $68,000. Blue Bell Private Wealth Management LLC owned about 0.21% of TrueShares Structured Outcome (November) ETF as of its most recent filing with the Securities & Exchange Commission.

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.