TrueShares Active Yield ETF (NASDAQ:ERNZ) Trading Down 0.4% – Here’s What Happened

by · The Cerbat Gem

TrueShares Active Yield ETF (NASDAQ:ERNZ – Get Free Report)’s share price dropped 0.4% during trading on Thursday . The company traded as low as $20.66 and last traded at $20.66. Approximately 1,654 shares traded hands during trading, a decline of 94% from the average daily volume of 28,352 shares. The stock had previously closed at $20.75.

TrueShares Active Yield ETF Stock Performance

The stock has a market cap of $123.79 million, a P/E ratio of 14.09 and a beta of 0.54. The business has a 50 day simple moving average of $21.01 and a 200-day simple moving average of $22.03.

TrueShares Active Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 26th. Investors of record on Tuesday, November 25th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, November 25th. This represents a c) annualized dividend and a yield of 9.9%.

About TrueShares Active Yield ETF

(Get Free Report)

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.

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