TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Shares Down 2% – Here’s Why

TrueShares Structured Outcome (May) ETF (BATS:MAYZ) were down 2% on Thursday . The company traded as low as $33.7749 and last traded at $33.2190. Approximately 101 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 2,403 shares. The stock had previously closed at $33.8832.

TrueShares Structured Outcome (May) ETF Trading Down 0.5%

The stock has a market cap of $9.44 million, a price-to-earnings ratio of 25.67 and a beta of 0.71. The stock’s 50 day moving average is $33.89 and its two-hundred day moving average is $33.43.

TrueShares Structured Outcome (May) ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a dividend of $0.7203 per share. This represents a yield of 213.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

TrueShares Structured Outcome (May) ETF Company Profile

The TrueShares Structured Outcome (May) ETF (MAYZ) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively-managed fund holds options and collateral. MAYZ was launched on Apr 30, 2021 and is managed by TrueShares.