Short Interest in TrueShares Equity Hedge ETF (BATS:ONEH) Increases By 56.6%

TrueShares Equity Hedge ETF (BATS:ONEH) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,202 shares, a growth of 56.6% from the August 15th total of 3,960 shares. Based on an average trading volume of 3,622 shares, the short-interest ratio is currently 1.7 days.

TrueShares Equity Hedge ETF Price Performance

Shares of BATS:ONEH opened at $24.42 on Friday. The firm’s 50-day simple moving average is $24.63 and its 200-day simple moving average is $24.59. TrueShares Equity Hedge ETF has a fifty-two week low of $24.11 and a fifty-two week high of $26.03.

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.