TrueShares Structured Outcome (December) ETF (BATS:DECZ) Stock Price Up 2.1% Following Dividend Announcement

Shares of TrueShares Structured Outcome (December) ETF (BATS:DECZ) rose 2.1% on Tuesday following a dividend announcement from the company. The stock traded as high as $41.3799 and last traded at $41.8350. Approximately 3,566 shares changed hands during trading, a decline of 77% from the average daily volume of 15,313 shares. The stock had previously closed at $40.9794.

The newly announced dividend which will be paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th will be issued a dividend of $1.3196 per share. This represents a dividend yield of 315.0%. The ex-dividend date is Wednesday, December 24th.

TrueShares Structured Outcome (December) ETF Stock Up 2.1%

The company has a 50 day moving average price of $41.24 and a 200-day moving average price of $40.01. The company has a market cap of $23.01 million, a price-to-earnings ratio of 24.98 and a beta of 0.75.

Hedge Funds Weigh In On TrueShares Structured Outcome (December) ETF

A hedge fund recently bought a new stake in TrueShares Structured Outcome (December) ETF stock. OLD Mission Capital LLC bought a new position in shares of TrueShares Structured Outcome (December) ETF (BATS:DECZ) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,480 shares of the company’s stock, valued at approximately $340,000. OLD Mission Capital LLC owned approximately 0.48% of TrueShares Structured Outcome (December) ETF as of its most recent SEC filing.

TrueShares Structured Outcome (December) ETF Company Profile

The TrueShares Structured Outcome (December) ETF (DECZ) 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. DECZ was launched on Nov 30, 2020 and is managed by TrueShares.