TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Sees Large Increase in Short Interest

TrueShares Structured Outcome (February) ETF (BATS:FEBZ) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 1,500 shares, a growth of 1,251.4% from the October 15th total of 111 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 552 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Structured Outcome (February) ETF stock. Blue Bell Private Wealth Management LLC purchased a new stake in shares of TrueShares Structured Outcome (February) ETF (BATS:FEBZ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,491 shares of the company’s stock, valued at approximately $102,000. Blue Bell Private Wealth Management LLC owned 0.96% of TrueShares Structured Outcome (February) ETF as of its most recent filing with the Securities & Exchange Commission.

TrueShares Structured Outcome (February) ETF Trading Down 0.3%

BATS FEBZ traded down $0.13 during mid-day trading on Tuesday, hitting $40.22. The company’s stock had a trading volume of 12 shares, compared to its average volume of 3,233. The firm has a market capitalization of $31.77 million, a price-to-earnings ratio of 25.99 and a beta of 0.72. The company’s 50 day simple moving average is $40.91 and its 200 day simple moving average is $39.57. TrueShares Structured Outcome has a twelve month low of $35.58 and a twelve month high of $41.58.

TrueShares Structured Outcome (February) ETF Company Profile

The TrueShares Structured Outcome (February) ETF (FEBZ) is an exchange-traded fund that is based on the S&P 500 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. FEBZ was launched on Jan 31, 2021 and is managed by TrueShares.