TrueShares Structured Outcome (January) ETF (BATS:JANZ) Sees Significant Increase in Short Interest

TrueShares Structured Outcome (January) ETF (BATS:JANZ) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 5,275 shares, a growth of 202.1% from the July 15th total of 1,746 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 2,936 shares, the short-interest ratio is currently 1.8 days.

TrueShares Structured Outcome (January) ETF Stock Performance

Shares of TrueShares Structured Outcome (January) ETF stock opened at $42.00 on Thursday. The stock has a market cap of $28.56 million, a price-to-earnings ratio of 24.18 and a beta of 0.76. The stock has a 50 day moving average price of $40.93 and a 200-day moving average price of $39.48. TrueShares Structured Outcome has a one year low of $35.96 and a one year high of $42.13.

Institutional Trading of TrueShares Structured Outcome (January) ETF

An institutional investor recently raised its position in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. raised its position in shares of TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,126 shares of the company’s stock after acquiring an additional 11,116 shares during the period. JPMorgan Chase & Co. owned approximately 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 as of its most recent filing with the Securities & Exchange Commission.

TrueShares Structured Outcome (January) ETF Company Profile

The TrueShares Structured Outcome (January) ETF (JANZ) 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. JANZ was launched on Dec 31, 2020 and is managed by TrueShares.