Short Interest in ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) Declines By 23.2%

ETRACS Silver Shares Covered Call ETN (NASDAQ:SLVO) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 60,500 shares, a drop of 23.2% from the March 15th total of 78,800 shares. Based on an average daily trading volume, of 24,200 shares, the short-interest ratio is presently 2.5 days. Currently, 14.8% of the company’s shares are sold short.

ETRACS Silver Shares Covered Call ETN Stock Performance

ETRACS Silver Shares Covered Call ETN stock opened at $78.99 on Friday. The business has a 50-day moving average of $79.53 and a 200-day moving average of $78.95. ETRACS Silver Shares Covered Call ETN has a 1 year low of $72.60 and a 1 year high of $86.36.

ETRACS Silver Shares Covered Call ETN Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 25th. Shareholders of record on Tuesday, April 22nd will be paid a $2.0837 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from ETRACS Silver Shares Covered Call ETN’s previous dividend of $1.29.

About ETRACS Silver Shares Covered Call ETN

a ecorodovias é um dos maiores grupos de infraestrutura e logística integrada do país, que opera ativos de logística intermodal, concessões rodoviárias e serviços correlatos, de forma sustentável e socialmente responsável. estamos presentes nos estados de são paulo, rio de janeiro, espírito santo, paraná e rio grande do sul, com cerca de 4.500 colaboradores.