TrueShares Structured Outcome (November) ETF (NOVZ) to Issue Annual Dividend of $1.57 on December 26th

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) announced an annual dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be paid a dividend of 1.5719 per share on Friday, December 26th. This represents a dividend yield of 355.0%. The ex-dividend date of this dividend is Wednesday, December 24th.

TrueShares Structured Outcome (November) ETF Trading Down 2.4%

BATS NOVZ opened at $44.28 on Thursday. TrueShares Structured Outcome has a 12 month low of $34.91 and a 12 month high of $42.82. The stock has a 50-day simple moving average of $45.12 and a 200 day simple moving average of $43.69. The company has a market capitalization of $32.76 million, a PE ratio of 24.25 and a beta of 0.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. OLD Mission Capital LLC acquired a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,092 shares of the company’s stock, valued at approximately $625,000. OLD Mission Capital LLC owned 2.51% of TrueShares Structured Outcome (November) ETF as of its most recent filing with the Securities & Exchange Commission.

About TrueShares Structured Outcome (November) ETF

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price 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. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.