TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Sees Large Decrease in Short Interest

TrueShares Structured Outcome (May) ETF (BATS:MAYZ) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,789 shares, a decline of 62.7% from the August 15th total of 4,799 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 555 shares, the short-interest ratio is currently 3.2 days.

TrueShares Structured Outcome (May) ETF Trading Up 0.7%

Shares of BATS:MAYZ opened at $36.66 on Friday. The company has a market cap of $10.26 million, a price-to-earnings ratio of 25.67 and a beta of 0.71. The company has a 50-day moving average price of $36.51 and a 200-day moving average price of $35.15. TrueShares Structured Outcome has a 12 month low of $31.04 and a 12 month high of $37.23.

About TrueShares Structured Outcome (May) ETF

The TrueShares Structured Outcome (May) ETF (MAYZ) 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. MAYZ was launched on Apr 30, 2021 and is managed by TrueShares.