TrueShares Quarterly Bear Hedge ETF (BATS:QBER) Sees Large Growth in Short Interest

TrueShares Quarterly Bear Hedge ETF (BATS:QBER) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 19,533 shares, an increase of 292.5% from the May 31st total of 4,977 shares. Based on an average daily volume of 26,308 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

TrueShares Quarterly Bear Hedge ETF Stock Performance

Shares of BATS QBER opened at $23.95 on Monday. The stock has a fifty day moving average price of $23.82 and a 200 day moving average price of $23.93. TrueShares Quarterly Bear Hedge ETF has a 12-month low of $19.75 and a 12-month high of $25.00.

About TrueShares Quarterly Bear Hedge ETF

The TrueShares Quarterly Bear Hedge ETF (QBER) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that aims for capital preservation in the event of decline in the US equity market space. The fund invests in short-term income generating debt securities and short-term put options of large-cap US securities. QBER was launched on Jun 28, 2024 and is issued by Truemark Group.