TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Trading 11.9% Higher – Still a Buy?

TrueShares Structured Outcome (May) ETF (BATS:MAYZ)’s share price shot up 11.9% during mid-day trading on Tuesday . The company traded as high as $30.5181 and last traded at $34.4550. 16 shares were traded during trading, a decline of 99% from the average session volume of 2,403 shares. The stock had previously closed at $30.8034.

TrueShares Structured Outcome (May) ETF Stock Performance

The stock has a market cap of $9.65 million, a PE ratio of 25.67 and a beta of 0.71. The stock has a 50 day moving average of $33.97 and a two-hundred day moving average of $32.87.

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.