TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) Short Interest Update

by · The Markets Daily

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 23,394 shares, a growth of 119.3% from the August 15th total of 10,667 shares. Based on an average trading volume of 25,115 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the company’s shares are short sold.

TrueShares Low Volatility Equity Income ETF Trading Up 0.4%

NYSEARCA:DIVZ traded up $0.17 on Monday, hitting $38.15. 12,155 shares of the stock were exchanged, compared to its average volume of 28,580. The stock has a fifty day moving average of $38.42 and a 200-day moving average of $37.88. The stock has a market cap of $296.43 million, a PE ratio of 17.36 and a beta of 0.58. TrueShares Low Volatility Equity Income ETF has a fifty-two week low of $34.67 and a fifty-two week high of $39.67.

Institutional Trading of TrueShares Low Volatility Equity Income ETF

An institutional investor recently bought a new stake in TrueShares Low Volatility Equity Income ETF stock. Highland Investment Advisors LLC purchased a new stake in TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,005 shares of the company’s stock, valued at approximately $38,000.

TrueShares Low Volatility Equity Income ETF Company Profile

(Get Free Report)

The TrueShares Low Volatility Equity Income ETF (DIVZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market. DIVZ was launched on Jan 27, 2021 and is managed by TrueShares.

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