Overlay Shares Hedged Large Cap Equity ETF (BATS:OVLH – Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 8,588 shares, a decrease of 38.7% from the August 15th total of 14,006 shares. Based on an average trading volume of 22,691 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.
Hedge Funds Weigh In On Overlay Shares Hedged Large Cap Equity ETF
An institutional investor recently raised its stake in Overlay Shares Hedged Large Cap Equity ETF stock. CoreCap Advisors LLC increased its stake in shares of Overlay Shares Hedged Large Cap Equity ETF (BATS:OVLH – Free Report) by 79.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,376 shares of the company’s stock after acquiring an additional 1,055 shares during the period. CoreCap Advisors LLC owned about 0.09% of Overlay Shares Hedged Large Cap Equity ETF worth $99,000 as of its most recent filing with the SEC.
Overlay Shares Hedged Large Cap Equity ETF Trading Down 0.0%
Shares of OVLH opened at $42.07 on Friday. Overlay Shares Hedged Large Cap Equity ETF has a 12 month low of $37.33 and a 12 month high of $43.18. The firm has a fifty day simple moving average of $42.16 and a 200 day simple moving average of $41.04. The stock has a market capitalization of $118.64 million, a price-to-earnings ratio of 25.97 and a beta of 0.73.
About Overlay Shares Hedged Large Cap Equity ETF
The Overlay Shares Hedged Large Cap Equity ETF (OVLH) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to the US large-cap space combined with an option overlay strategy, utilizing a put spread and long-term OTM put options. OVLH was launched on Jan 14, 2021 and is managed by Overlay Shares.
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