TrueShares Active Yield ETF (NASDAQ:ERNZ) Sees Significant Increase in Short Interest

TrueShares Active Yield ETF (NASDAQ:ERNZ) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 11,400 shares, an increase of 235.3% from the December 31st total of 3,400 shares. Based on an average daily trading volume, of 15,300 shares, the short-interest ratio is presently 0.7 days.

TrueShares Active Yield ETF Trading Down 0.4 %

TrueShares Active Yield ETF stock traded down $0.10 during midday trading on Wednesday, hitting $24.34. 656 shares of the company’s stock were exchanged, compared to its average volume of 14,298. TrueShares Active Yield ETF has a 12-month low of $23.70 and a 12-month high of $25.78. The firm’s 50 day simple moving average is $24.46 and its 200 day simple moving average is $24.81.

TrueShares Active Yield ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 27th were paid a $0.2578 dividend. This is an increase from TrueShares Active Yield ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, December 27th.