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Overlay Shares Hedged Large Cap Equity ETF (OVLH)

Equity Hedged | Exchange Traded Fund | Cboe US
40.37 USD +0.47 (1.178%) ⇧ (April 17, 2026, 3:59 p.m. EDT)
After hours: 40.37 +0.01 (0.027%) ⇧ (April 17, 2026, 4:10 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 1:35 p.m. EDT

OVLH has shown mixed short-term momentum with recent price fluctuations around the 38.50 mark, which is near its 50-day average. The stock has experienced a slight decline over the past few weeks, but there are signs of stabilization. The dividend yield is moderate, and the recent dividend payments have been consistent, though not particularly high. The forecasting model suggests a small positive price direction in the next 45 days, but the high H-Stat and low Ljung-Box p-value indicate potential volatility and uncertainty. Overall, OVLH could be a cautious short-term opportunity with a moderate long-term outlook.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.032593
AutoETS0.043308
AutoARIMA0.043472
MSTL0.043624

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 43%
H-stat 13.69
Ljung-Box p 0.000
Jarque-Bera p 0.210
Excess Kurtosis -0.98
Attribute Value
Trailing P/E 27.43

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.30% 0.30% 0.48%
Dividend History
Date Dividend Yield %
2025-12-23 0.119 0.300308
2024-12-24 0.110 0.317118
2023-12-27 0.240 0.833958
2022-12-28 0.197 0.811833
2021-12-29 0.119 0.404234
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.31

Info Dump

Attribute Value
All Time High 40.66
All Time Low 23.76
Ask 42.67
Ask Size 100
Average Daily Volume10 Day 21,020
Average Daily Volume3 Month 19,588
Average Volume 19,588
Average Volume10Days 21,020
Beta3 Year 0.76
Bid 37.65
Bid Size 400
Category Equity Hedged
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 40.37
Day Low 40.3
Dividend Yield 0.31
Eps Trailing Twelve Months 1.4716204
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 38.90204
Fifty Day Average Change 1.4679604
Fifty Day Average Change Percent 0.03773479
Fifty Two Week Change Percent 22.565578
Fifty Two Week High 40.66
Fifty Two Week High Change -0.29000092
Fifty Two Week High Change Percent -0.0071323393
Fifty Two Week Low 32.37
Fifty Two Week Low Change 8.0
Fifty Two Week Low Change Percent 0.24714242
Fifty Two Week Range 32.37 - 40.66
First Trade Date Milliseconds 1,610,721,000,000
Five Year Average Return 0.090038605
Full Exchange Name Cboe US
Fund Family Overlay Shares
Fund Inception Date 1,610,582,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. large-cap equity securities or directly in the securities held by such ETFs (collectively, the “Underlying Investments”), and (ii) purchasing long-term out-of-the-money put options (i.e., put options with a strike price below the current price of the reference asset) to seek to hedge against significant declines in U.S. large-cap equities.
Long Name Overlay Shares Hedged Large Cap Equity ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_694443101
Nav Price 40.323
Net Assets 98,055,976.0
Net Expense Ratio 0.8
Open 40.15
Post Market Change 0.010997772
Post Market Change Percent 0.027249862
Post Market Price 40.37
Post Market Time 1,776,456,605
Previous Close 39.8999
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.4701
Regular Market Change Percent 1.1782
Regular Market Day High 40.37
Regular Market Day Low 40.3
Regular Market Day Range 40.3 - 40.37
Regular Market Open 40.15
Regular Market Previous Close 39.8999
Regular Market Price 40.37
Regular Market Time 1,776,455,991
Regular Market Volume 26,982
Short Name Overlay Shares Hedged Large Cap
Source Interval 15
Symbol OVLH
Three Year Average Return 0.1608015
Total Assets 98,055,976
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 27.432344
Trailing Peg Ratio None
Trailing Three Month Nav Returns -3.71146
Trailing Three Month Returns -3.71146
Triggerable 1
Two Hundred Day Average 38.780655
Two Hundred Day Average Change 1.589344
Two Hundred Day Average Change Percent 0.04098291
Type Disp ETF
Volume 26,982
Yield 0.0031
Ytd Return -3.71146