Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLH) Shares Up 0.3%

Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLH)’s share price shot up 0.3% during trading on Tuesday . The stock traded as high as $32.60 and last traded at $32.60. 49,139 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 33,066 shares. The stock had previously closed at $32.50.

Overlay Shares Hedged Large Cap Equity ETF Price Performance

The stock has a market capitalization of $22.82 million, a PE ratio of 23.85 and a beta of 0.78. The company has a 50-day moving average of $32.55 and a two-hundred day moving average of $31.61.

Overlay Shares Hedged Large Cap Equity ETF Company Profile

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.