TrueShares Equity Hedge ETF (BATS:ONEH) Short Interest Update

TrueShares Equity Hedge ETF (BATS:ONEH) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 1,321 shares, a drop of 71.4% from the April 30th total of 4,620 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 0.3 days.

TrueShares Equity Hedge ETF Stock Down 0.5%

Shares of TrueShares Equity Hedge ETF stock opened at $24.49 on Friday. The stock’s 50-day moving average price is $24.45. TrueShares Equity Hedge ETF has a 12-month low of $24.11 and a 12-month high of $25.00.

TrueShares Equity Hedge ETF (BATS: ONEH) is an exchange-traded fund listed on the Cboe BZX Exchange and offered under the TrueShares brand. As an ETF, it provides investors with a pooled vehicle that trades on an exchange like a stock and is intended to deliver exposure to an investment strategy described in the fund’s prospectus.

The fund’s name indicates an equity-hedge orientation: it is positioned to offer equity market exposure together with a hedging component intended to mitigate downside risk.