TrueShares Equity Hedge ETF (BATS:ONEH) Sees Large Drop in Short Interest

TrueShares Equity Hedge ETF (BATS:ONEHGet Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 637 shares, a drop of 89.0% from the June 30th total of 5,795 shares. Based on an average daily trading volume, of 2,025 shares, the days-to-cover ratio is presently 0.3 days.

TrueShares Equity Hedge ETF Stock Up 0.3%

Shares of BATS:ONEH opened at $24.65 on Friday. The company’s 50 day moving average is $24.62. TrueShares Equity Hedge ETF has a 12-month low of $24.11 and a 12-month high of $25.00.

TrueShares Equity Hedge ETF (BATS: ONEH) is an exchange-traded fund listed on the Cboe BZX Exchange and offered under the TrueShares brand. As an ETF, it provides investors with a pooled vehicle that trades on an exchange like a stock and is intended to deliver exposure to an investment strategy described in the fund’s prospectus.

The fund’s name indicates an equity-hedge orientation: it is positioned to offer equity market exposure together with a hedging component intended to mitigate downside risk.

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