TrueShares Structured Outcome (April) ETF (BATS:APRZ) Trading 0.7% Higher After Dividend Announcement

TrueShares Structured Outcome (April) ETF (BATS:APRZ)’s share price traded up 0.7% during trading on Tuesday following a dividend announcement from the company. The stock traded as high as $38.67 and last traded at $38.92. 404 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 6,237 shares. The stock had previously closed at $38.6629.

The newly announced dividend which will be paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th will be given a dividend of $1.2546 per share. The ex-dividend date of this dividend is Wednesday, December 24th. This represents a dividend yield of 322.0%.

TrueShares Structured Outcome (April) ETF Trading Up 0.7%

The company has a 50-day moving average price of $38.40 and a two-hundred day moving average price of $37.17. The stock has a market cap of $12.45 million, a P/E ratio of 25.08 and a beta of 0.72.

About TrueShares Structured Outcome (April) ETF

The TrueShares Structured Outcome (April) ETF (APRZ) 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. APRZ was launched on Mar 31, 2021 and is managed by TrueShares.