Overlay Shares Small Cap Equity ETF (NYSEARCA:OVS) Raises Dividend to $0.34 Per Share

Overlay Shares Small Cap Equity ETF (NYSEARCA:OVS) announced a dividend on Wednesday, October 2nd, NASDAQ reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of 0.339 per share on Friday, October 4th. The ex-dividend date of this dividend is Thursday, October 3rd. This is a positive change from Overlay Shares Small Cap Equity ETF’s previous dividend of $0.26.

Overlay Shares Small Cap Equity ETF Price Performance

NYSEARCA OVS traded down $0.26 on Thursday, hitting $34.92. 536 shares of the company’s stock were exchanged, compared to its average volume of 1,561. The firm has a market cap of $10.48 million, a price-to-earnings ratio of 13.57 and a beta of 1.35. The firm’s 50-day moving average price is $34.92 and its two-hundred day moving average price is $33.73. Overlay Shares Small Cap Equity ETF has a fifty-two week low of $25.88 and a fifty-two week high of $36.53.

About Overlay Shares Small Cap Equity ETF

The Overlay Shares Small Cap Equity ETF (OVS) is an exchange-traded fund that is based on the S&P 600 index. The fund is actively managed to provide exposure to small cap U.S. equities combined with a put spread option overlay strategy. OVS was launched on Sep 30, 2019 and is managed by Overlay Shares.