TrueShares Structured Outcome (December) ETF (BATS:DECZ) Shares Down 1.9% – Should You Sell?

TrueShares Structured Outcome (December) ETF (BATS:DECZ) shares fell 1.9% during trading on Thursday . The company traded as low as $40.55 and last traded at $39.9680. 3,597 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 15,313 shares. The stock had previously closed at $40.7570.

TrueShares Structured Outcome (December) ETF Trading Down 1.9%

The business has a 50 day simple moving average of $40.90 and a two-hundred day simple moving average of $40.51. The stock has a market cap of $21.98 million, a price-to-earnings ratio of 24.98 and a beta of 0.75.

TrueShares Structured Outcome (December) ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were paid a $1.3196 dividend. This represents a dividend yield of 325.0%. The ex-dividend date was Wednesday, December 24th.

About TrueShares Structured Outcome (December) ETF

The TrueShares Structured Outcome (December) ETF (DECZ) 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. DECZ was launched on Nov 30, 2020 and is managed by TrueShares.