TrueShares Structured Outcome (April) ETF (BATS:APRZ) Stock Price Down 2.7% – Time to Sell?

TrueShares Structured Outcome (April) ETF (BATS:APRZ)’s share price dropped 2.7% during trading on Wednesday . The stock traded as low as $38.67 and last traded at $37.6350. Approximately 404 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 6,237 shares. The stock had previously closed at $38.6629.

TrueShares Structured Outcome (April) ETF Stock Performance

The business has a 50-day moving average of $38.20 and a 200-day moving average of $37.49. The stock has a market capitalization of $12.04 million, a price-to-earnings ratio of 25.08 and a beta of 0.72.

TrueShares Structured Outcome (April) ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a $1.2546 dividend. The ex-dividend date was Wednesday, December 24th. This represents a dividend yield of 332.0%.

TrueShares Structured Outcome (April) ETF Company Profile

The TrueShares Structured Outcome (April) ETF (APRZ) is an exchange-traded fund that is based on the S&P 500 index. 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. APRZ was launched on Mar 31, 2021 and is managed by TrueShares.