ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Short Interest Down 99.8% in May

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZGet Free Report) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 4 shares, a drop of 99.8% from the May 14th total of 1,789 shares. Based on an average daily trading volume, of 685 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ETRACS MarketVector Business Development Companies Liquid Index ETN Stock Up 0.9%

BDCZ traded up $0.14 on Tuesday, hitting $14.95. The company’s stock had a trading volume of 464 shares, compared to its average volume of 1,246. The company’s 50 day simple moving average is $15.17 and its 200-day simple moving average is $15.79. ETRACS MarketVector Business Development Companies Liquid Index ETN has a 12 month low of $13.85 and a 12 month high of $19.60.

ETRACS MarketVector Business Development Companies Liquid Index ETN Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Monday, April 13th were given a dividend of $0.4526 per share. This is an increase from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.32. This represents a $1.81 annualized dividend and a dividend yield of 12.1%. The ex-dividend date was Monday, April 13th.

About ETRACS MarketVector Business Development Companies Liquid Index ETN

(Get Free Report)

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.

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