TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Sees Large Growth in Short Interest

TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,773 shares, a growth of 411.0% from the May 14th total of 347 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 7,379 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On TrueShares Technology, AI & Deep Learning ETF

An institutional investor recently bought a new position in TrueShares Technology, AI & Deep Learning ETF stock. Continuum Advisory LLC bought a new stake in shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,505 shares of the company’s stock, valued at approximately $215,000. Continuum Advisory LLC owned about 0.64% of TrueShares Technology, AI & Deep Learning ETF at the end of the most recent reporting period.

TrueShares Technology, AI & Deep Learning ETF Price Performance

Shares of TrueShares Technology, AI & Deep Learning ETF stock traded up $0.19 during trading hours on Friday, hitting $58.94. 7,198 shares of the company’s stock traded hands, compared to its average volume of 4,376. TrueShares Technology, AI & Deep Learning ETF has a 12-month low of $37.89 and a 12-month high of $64.17. The stock has a market capitalization of $40.67 million, a price-to-earnings ratio of 54.00 and a beta of 1.38. The company has a fifty day simple moving average of $49.57 and a 200-day simple moving average of $46.57.

TrueShares Technology, AI & Deep Learning ETF Company Profile

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.