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

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZGet Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 10,100 shares, a decrease of 57.4% from the September 15th total of 23,700 shares. Based on an average trading volume of 26,100 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 26,100 shares, the short-interest ratio is currently 0.4 days.

TrueShares Low Volatility Equity Income ETF Stock Performance

DIVZ stock opened at $35.97 on Friday. TrueShares Low Volatility Equity Income ETF has a fifty-two week low of $30.37 and a fifty-two week high of $36.66. The business’s 50 day moving average price is $36.16 and its two-hundred day moving average price is $34.86. The company has a market capitalization of $197.48 million, a price-to-earnings ratio of 17.36 and a beta of 0.68.

TrueShares Low Volatility Equity Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Thursday, September 25th were given a $0.0431 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, September 25th.

Institutional Trading of TrueShares Low Volatility Equity Income ETF

An institutional investor recently raised its position in TrueShares Low Volatility Equity Income ETF stock. 49 Wealth Management LLC lifted its stake in TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZFree Report) by 22.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,624,626 shares of the company’s stock after purchasing an additional 484,618 shares during the quarter. TrueShares Low Volatility Equity Income ETF comprises approximately 10.7% of 49 Wealth Management LLC’s holdings, making the stock its largest position. 49 Wealth Management LLC owned 56.69% of TrueShares Low Volatility Equity Income ETF worth $89,185,000 as of its most recent SEC filing.

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.

Further Reading

Receive News & Ratings for TrueShares Low Volatility Equity Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TrueShares Low Volatility Equity Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.