Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLH – Get Free Report) shares dropped 1% during trading on Friday . The company traded as low as $34.16 and last traded at $34.16. Approximately 161 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 31,649 shares. The stock had previously closed at $34.50.
Overlay Shares Hedged Large Cap Equity ETF Stock Performance
The company has a market cap of $23.91 million, a price-to-earnings ratio of 23.85 and a beta of 0.78. The company has a fifty day moving average of $33.84 and a two-hundred day moving average of $32.65.
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.
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