TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Stock Price Down 0.8% – Time to Sell?

Shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) traded down 0.8% during trading on Thursday . The stock traded as low as $43.83 and last traded at $43.7510. 619 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 3,620 shares. The stock had previously closed at $44.0979.

TrueShares Structured Outcome (November) ETF Stock Down 0.8%

The company’s 50 day moving average is $44.64 and its two-hundred day moving average is $44.24. The company has a market capitalization of $32.38 million, a PE ratio of 24.25 and a beta of 0.76.

TrueShares Structured Outcome (November) ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a dividend of $1.5719 per share. This represents a yield of 355.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned approximately 0.47% of TrueShares Structured Outcome (November) ETF at the end of the most recent reporting period.

TrueShares Structured Outcome (November) ETF Company Profile

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price 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. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.