TrueShares Structured Outcome (December) ETF (BATS:DECZ) Shares Down 1.1% – Here’s Why

TrueShares Structured Outcome (December) ETF (BATS:DECZ)’s share price dropped 1.1% during mid-day trading on Wednesday . The stock traded as low as $42.89 and last traded at $42.89. Approximately 1,194 shares were traded during trading, a decline of 90% from the average daily volume of 12,415 shares. The stock had previously closed at $43.36.

TrueShares Structured Outcome (December) ETF Price Performance

The company has a market capitalization of $23.81 million, a price-to-earnings ratio of 24.98 and a beta of 0.75. The business’s 50-day moving average is $42.38 and its 200-day moving average is $41.07.

About TrueShares Structured Outcome (December) ETF

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.