TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Trading Down 2.1% – Here’s Why

TrueShares Structured Outcome (February) ETF (BATS:FEBZ)’s share price were down 2.1% during mid-day trading on Thursday . The company traded as low as $38.5457 and last traded at $37.4990. Approximately 463 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 1,220 shares. The stock had previously closed at $38.2975.

TrueShares Structured Outcome (February) ETF Trading Down 2.1%

The firm has a market capitalization of $9.75 million, a P/E ratio of 25.99 and a beta of 0.72. The business’s 50 day simple moving average is $38.28 and its two-hundred day simple moving average is $37.93.

TrueShares Structured Outcome (February) ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were issued a $1.2042 dividend. This represents a yield of 317.0%. The ex-dividend date was Wednesday, December 24th.

About TrueShares Structured Outcome (February) ETF

The TrueShares Structured Outcome (February) ETF (FEBZ) 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. FEBZ was launched on Jan 31, 2021 and is managed by TrueShares.