TrueShares Active Yield ETF (NASDAQ:ERNZ) Short Interest Up 235.3% in January

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

TrueShares Active Yield ETF Stock Performance

Shares of NASDAQ ERNZ traded down $0.10 during mid-day trading on Wednesday, reaching $24.34. 656 shares of the company’s stock were exchanged, compared to its average volume of 14,298. The company’s 50-day moving average is $24.46 and its 200-day moving average is $24.81. TrueShares Active Yield ETF has a 52-week low of $23.70 and a 52-week high of $25.78.

TrueShares Active Yield ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were paid a dividend of $0.2578 per share. This is a positive change from TrueShares Active Yield ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, December 27th.