TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Shares Down 0.8% – Here’s What Happened

Shares of TrueShares Structured Outcome (February) ETF (BATS:FEBZ) were down 0.8% on Wednesday . The company traded as low as $38.5457 and last traded at $37.9790. Approximately 463 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 1,220 shares. The stock had previously closed at $38.2975.

TrueShares Structured Outcome (February) ETF Stock Down 0.8%

The business has a 50-day simple moving average of $38.43 and a 200-day simple moving average of $37.74. The stock has a market cap of $9.87 million, a P/E ratio of 25.99 and a beta of 0.72.

TrueShares Structured Outcome (February) ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were given a dividend of $1.2042 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a dividend yield of 317.0%.

About TrueShares Structured Outcome (February) ETF

The TrueShares Structured Outcome (February) ETF (FEBZ) 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. FEBZ was launched on Jan 31, 2021 and is managed by TrueShares.