TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Trading Down 2% – Time to Sell?

TrueShares Structured Outcome (May) ETF (BATS:MAYZ)’s stock price traded down 2% during trading on Thursday . The stock traded as low as $33.7749 and last traded at $33.2190. 101 shares traded hands during trading, a decline of 96% from the average session volume of 2,403 shares. The stock had previously closed at $33.8832.

TrueShares Structured Outcome (May) ETF Price Performance

The stock’s 50 day simple moving average is $33.89 and its two-hundred day simple moving average is $33.43. The firm has a market cap of $9.44 million, a P/E ratio of 25.67 and a beta of 0.71.

TrueShares Structured Outcome (May) ETF Dividend Announcement

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

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.