Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLH) Trading Down 0.4% – Here’s What Happened

Shares of Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLHGet Free Report) traded down 0.4% on Thursday . The stock traded as low as $39.07 and last traded at $39.20. 3,344 shares traded hands during trading, a decline of 83% from the average session volume of 19,936 shares. The stock had previously closed at $39.35.

Overlay Shares Hedged Large Cap Equity ETF Stock Down 0.4%

The company has a market capitalization of $103.10 million, a PE ratio of 25.97 and a beta of 0.73. The business has a 50 day simple moving average of $39.56 and a 200 day simple moving average of $39.19.

Overlay Shares Hedged Large Cap Equity ETF Company Profile

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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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