ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Short Interest Update

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 100 shares, a drop of 95.3% from the April 15th total of 2,108 shares. Based on an average trading volume of 1,311 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Trading Down 3.1%

HDLB stock traded down $0.52 during trading on Wednesday, reaching $16.04. 4,153 shares of the company’s stock were exchanged, compared to its average volume of 2,298. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 1-year low of $14.33 and a 1-year high of $19.44. The company’s fifty day moving average price is $17.18 and its 200-day moving average price is $16.37.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 21st. Investors of record on Wednesday, May 13th will be paid a dividend of $0.2139 per share. This is an increase from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.17. The ex-dividend date is Wednesday, May 13th.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Company Profile

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.