TrueShares Structured Outcome (August) ETF (BATS:AUGZ) Sees Significant Decrease in Short Interest

TrueShares Structured Outcome (August) ETF (BATS:AUGZ) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 1,190 shares, a drop of 99.0% from the April 30th total of 125,096 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 57,205 shares, the days-to-cover ratio is currently 0.0 days.

TrueShares Structured Outcome (August) ETF Price Performance

TrueShares Structured Outcome (August) ETF stock remained flat at $45.54 during mid-day trading on Wednesday. 528 shares of the company’s stock traded hands, compared to its average volume of 22,499. TrueShares Structured Outcome has a 52-week low of $38.57 and a 52-week high of $45.54. The business has a fifty day moving average price of $42.89 and a 200 day moving average price of $42.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Structured Outcome (August) ETF stock. JPMorgan Chase & Co. bought a new position in shares of TrueShares Structured Outcome (August) ETF (BATS:AUGZ) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,520 shares of the company’s stock, valued at approximately $143,000. JPMorgan Chase & Co. owned 0.66% of TrueShares Structured Outcome (August) ETF as of its most recent SEC filing.

About TrueShares Structured Outcome (August) ETF

The TrueShares Structured Outcome (August) ETF (AUGZ) 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. AUGZ was launched on Jul 31, 2020 and is managed by TrueShares.