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

Shares of TrueShares Structured Outcome (May) ETF (BATS:MAYZ) dropped 2% during mid-day trading on Thursday . The stock traded as low as $33.7749 and last traded at $33.2190. Approximately 101 shares were traded during 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 Price Performance

The company has a fifty day moving average price of $33.90 and a two-hundred day moving average price of $33.41. The firm has a market cap of $9.30 million, a price-to-earnings ratio of 25.67 and a beta of 0.71.

TrueShares Structured Outcome (May) ETF Dividend Announcement

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

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.