TrueShares Equity Hedge ETF (BATS:ONEH) Short Interest Up 1,063.1% in July

TrueShares Equity Hedge ETF (BATS:ONEH) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 7,409 shares, an increase of 1,063.1% from the July 15th total of 637 shares. Based on an average daily volume of 2,769 shares, the short-interest ratio is currently 2.7 days.

TrueShares Equity Hedge ETF Price Performance

Shares of TrueShares Equity Hedge ETF stock traded down $0.02 during mid-day trading on Tuesday, hitting $24.71. 8,087 shares of the stock were exchanged. TrueShares Equity Hedge ETF has a twelve month low of $24.11 and a twelve month high of $25.00. The stock has a 50-day moving average of $24.66.

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.