TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Sees Large Drop in Short Interest

TrueShares Structured Outcome (May) ETF (BATS:MAYZ) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 1,789 shares, a decline of 62.7% from the August 15th total of 4,799 shares. Based on an average trading volume of 555 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.6% of the company’s stock are short sold.

TrueShares Structured Outcome (May) ETF Trading Up 0.7%

BATS MAYZ opened at $36.66 on Friday. TrueShares Structured Outcome has a 12 month low of $31.04 and a 12 month high of $37.23. The stock’s fifty day moving average price is $36.51 and its 200-day moving average price is $35.15. The stock has a market cap of $10.26 million, a P/E ratio of 25.67 and a beta of 0.71.

TrueShares Structured Outcome (May) ETF Company Profile

The TrueShares Structured Outcome (May) ETF (MAYZ) is an exchange-traded fund that mostly invests in large cap equity. 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. MAYZ was launched on Apr 30, 2021 and is managed by TrueShares.