TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Short Interest Up 234.6% in July

TrueShares Structured Outcome (May) ETF (BATS:MAYZ) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 5,952 shares, an increase of 234.6% from the July 15th total of 1,779 shares. Currently, 2.1% of the company’s shares are sold short. Based on an average daily volume of 441 shares, the days-to-cover ratio is presently 13.5 days.

TrueShares Structured Outcome (May) ETF Stock Performance

Shares of TrueShares Structured Outcome (May) ETF stock opened at $37.23 on Friday. TrueShares Structured Outcome has a 52-week low of $31.04 and a 52-week high of $37.23. The company’s 50 day moving average price is $36.12 and its 200-day moving average price is $34.70. The stock has a market capitalization of $10.42 million, a price-to-earnings ratio of 25.67 and a beta of 0.71.

About TrueShares Structured Outcome (May) ETF

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.