TrueShares Structured Outcome (May) ETF (BATS:MAYZ) Shares Up 1.1% – Time to Buy?

TrueShares Structured Outcome (May) ETF (BATS:MAYZ)’s share price were up 1.1% during mid-day trading on Monday . The stock traded as high as $36.49 and last traded at $36.48. Approximately 14,569 shares changed hands during trading, an increase of 301% from the average session volume of 3,630 shares. The stock had previously closed at $36.09.

TrueShares Structured Outcome (May) ETF Stock Performance

The business’s 50-day moving average is $36.03 and its two-hundred day moving average is $34.54. The firm has a market capitalization of $10.36 million, a price-to-earnings ratio of 25.67 and a beta of 0.71.

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.