Short Interest in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Declines By 94.7%

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 112 shares, a drop of 94.7% from the April 30th total of 2,106 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,734 shares, the short-interest ratio is presently 0.0 days.

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

TrueShares Structured Outcome (November) ETF Price Performance

NOVZ stock opened at $47.19 on Thursday. The stock has a market capitalization of $34.92 million, a price-to-earnings ratio of 24.25 and a beta of 0.76. The business’s fifty day moving average price is $44.72 and its two-hundred day moving average price is $44.54. TrueShares Structured Outcome has a fifty-two week low of $40.28 and a fifty-two week high of $47.20.

TrueShares Structured Outcome (November) ETF Company Profile

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.