TrueShares Equity Hedge ETF (BATS:ONEH) Short Interest Update

TrueShares Equity Hedge ETF (BATS:ONEH) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,321 shares, a decrease of 71.4% from the April 30th total of 4,620 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is presently 0.3 days.

TrueShares Equity Hedge ETF Trading Down 0.5%

ONEH opened at $24.49 on Friday. TrueShares Equity Hedge ETF has a one year low of $24.11 and a one year high of $25.00. The firm’s 50 day moving average is $24.45.

TrueShares Equity Hedge ETF (BATS: ONEH) is an exchange-traded fund listed on the Cboe BZX Exchange and offered under the TrueShares brand. As an ETF, it provides investors with a pooled vehicle that trades on an exchange like a stock and is intended to deliver exposure to an investment strategy described in the fund’s prospectus.

The fund’s name indicates an equity-hedge orientation: it is positioned to offer equity market exposure together with a hedging component intended to mitigate downside risk.