TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Trading Down 1.3% – Here’s What Happened

TrueShares Structured Outcome (May) ETF (BATS:MAYZ) dropped 1.3% during trading on Friday . The stock traded as low as $31.80 and last traded at $31.81. Approximately 703 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 2,183 shares. The stock had previously closed at $32.23.

TrueShares Structured Outcome (May) ETF Stock Performance

The company’s 50-day moving average price is $33.41 and its 200 day moving average price is $33.61. The stock has a market capitalization of $8.91 million, a PE ratio of 25.67 and a beta of 0.71.

TrueShares Structured Outcome (May) ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a $0.7203 dividend. The ex-dividend date was Wednesday, December 24th. This represents a 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.