TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Trading Down 2% – Here’s What Happened

TrueShares Structured Outcome (November) ETF (BATS:NOVZ)’s stock price dropped 2% during mid-day trading on Thursday . The company traded as low as $39.47 and last traded at $39.33. Approximately 6,925 shares changed hands during mid-day trading, an increase of 301% from the average daily volume of 1,728 shares. The stock had previously closed at $40.14.

TrueShares Structured Outcome (November) ETF Trading Down 3.4 %

The firm has a market cap of $24.81 million, a PE ratio of 25.76 and a beta of 0.77. The company has a 50-day simple moving average of $40.33 and a 200 day simple moving average of $40.87.

TrueShares Structured Outcome (November) ETF Company Profile

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.