TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Sees Significant Decrease in Short Interest

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 262 shares, a decline of 87.6% from the July 30th total of 2,111 shares. Based on an average daily trading volume, of 7,031 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

TrueShares Structured Outcome (November) ETF Stock Up 0.3%

Shares of NOVZ traded up $0.12 during trading hours on Thursday, reaching $47.90. The stock had a trading volume of 243 shares, compared to its average volume of 2,920. The company has a market cap of $35.45 million, a P/E ratio of 24.25 and a beta of 0.76. TrueShares Structured Outcome has a 52 week low of $41.57 and a 52 week high of $48.41. The firm has a 50-day moving average of $47.27 and a 200 day moving average of $45.70.

Hedge Funds Weigh In On TrueShares Structured Outcome (November) ETF

An institutional investor recently bought a new stake 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) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 Securities and Exchange Commission.

About TrueShares Structured Outcome (November) ETF

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.