Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLH) Shares Down 0% – Here’s Why

Overlay Shares Hedged Large Cap Equity ETF (NYSEARCA:OVLHGet Free Report)’s stock price dropped 0% during trading on Tuesday . The company traded as low as $41.41 and last traded at $41.67. Approximately 94,237 shares traded hands during mid-day trading, an increase of 401% from the average daily volume of 18,818 shares. The stock had previously closed at $41.69.

Overlay Shares Hedged Large Cap Equity ETF Stock Down 0.0%

The company has a market cap of $104.18 million, a PE ratio of 25.97 and a beta of 0.73. The stock has a 50-day simple moving average of $39.30 and a 200 day simple moving average of $39.45.

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.

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