Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLH – Get Free Report)’s share price were down 0.4% during mid-day trading on Monday . The company traded as low as $35.02 and last traded at $35.02. Approximately 182 shares changed hands during trading, a decline of 99% from the average daily volume of 29,853 shares. The stock had previously closed at $35.17.
Overlay Shares Hedged Large Cap Equity ETF Trading Down 0.4 %
The company’s fifty day simple moving average is $34.31 and its 200 day simple moving average is $33.10. The firm has a market capitalization of $24.51 million, a P/E ratio of 23.85 and a beta of 0.78.
About Overlay Shares Hedged Large Cap Equity ETF
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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