Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLH) Shares Down 0.4% – Should You Sell?

Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLHGet 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

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Overlay Shares Hedged Large Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Overlay Shares Hedged Large Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.