Short Interest in TrueShares Equity Hedge ETF (BATS:ONEH) Expands By 1,063.1%

TrueShares Equity Hedge ETF (BATS:ONEH) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 7,409 shares, a growth of 1,063.1% from the July 15th total of 637 shares. Based on an average daily volume of 2,769 shares, the short-interest ratio is presently 2.7 days.

TrueShares Equity Hedge ETF Stock Performance

ONEH stock traded down $0.02 on Tuesday, reaching $24.71. The company had a trading volume of 8,087 shares. TrueShares Equity Hedge ETF has a 1 year low of $24.11 and a 1 year high of $25.00. The firm’s fifty day moving average price is $24.66.

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.