TrueShares Structured Outcome (October) ETF (BATS:OCTZ) Sees Significant Decrease in Short Interest

TrueShares Structured Outcome (October) ETF (BATS:OCTZ) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,648 shares, a decrease of 44.8% from the August 15th total of 2,985 shares. Based on an average daily volume of 538 shares, the short-interest ratio is presently 3.1 days. Currently, 0.2% of the company’s stock are sold short.

TrueShares Structured Outcome (October) ETF Stock Down 0.5%

Shares of OCTZ stock opened at $45.91 on Wednesday. The company’s 50 day moving average is $46.21 and its 200 day moving average is $44.71. The firm has a market cap of $38.11 million, a price-to-earnings ratio of 25.54 and a beta of 0.72. TrueShares Structured Outcome has a 52-week low of $40.24 and a 52-week high of $47.20.

TrueShares Structured Outcome (October) ETF Company Profile

The TrueShares Structured Outcome (October) ETF (OCTZ) 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. OCTZ was launched on Sep 30, 2020 and is managed by TrueShares.