TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Stock Price Down 2% – What’s Next?

TrueShares Structured Outcome (May) ETF (BATS:MAYZ)’s stock price fell 2% during trading on Thursday . The company traded as low as $33.7749 and last traded at $33.2190. 101 shares were traded during mid-day 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 firm has a fifty day simple moving average of $33.90 and a two-hundred day simple moving average of $33.41. The firm has a market capitalization of $9.30 million, a P/E ratio of 25.67 and a beta of 0.71.

TrueShares Structured Outcome (May) ETF Announces Dividend

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

About TrueShares Structured Outcome (May) ETF

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.