TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Trading Down 2.1% – Here’s What Happened

Shares of TrueShares Structured Outcome (February) ETF (BATS:FEBZ) traded down 2.1% on Thursday . The company traded as low as $38.5457 and last traded at $37.4990. 463 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 1,220 shares. The stock had previously closed at $38.2975.

TrueShares Structured Outcome (February) ETF Trading Down 2.1%

The stock has a market capitalization of $9.75 million, a price-to-earnings ratio of 25.99 and a beta of 0.72. The company has a fifty day moving average of $38.28 and a two-hundred day moving average of $37.93.

TrueShares Structured Outcome (February) ETF Dividend Announcement

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

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.