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

TrueShares Active Yield ETF (NASDAQ:ERNZ) was the target of a significant increase in short interest in 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 trading volume of 15,300 shares, the short-interest ratio is presently 0.7 days.

TrueShares Active Yield ETF Price Performance

NASDAQ ERNZ traded up $0.10 during trading hours on Thursday, hitting $24.42. 9,796 shares of the company were exchanged, compared to its average volume of 14,058. The company has a 50 day moving average of $24.45 and a two-hundred day moving average of $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 was Friday, December 27th.