Short Interest in ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Decreases By 40.9%

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 4,868 shares, a decrease of 40.9% from the May 14th total of 8,230 shares. Based on an average daily trading volume, of 1,045 shares, the short-interest ratio is currently 4.7 days. Approximately 1.6% of the company’s stock are sold short.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Stock Up 0.3%

Shares of BDCX traded up $0.07 during midday trading on Tuesday, reaching $20.08. 447 shares of the stock were exchanged, compared to its average volume of 3,440. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a twelve month low of $17.90 and a twelve month high of $32.41. The business’s 50-day moving average price is $20.55 and its 200 day moving average price is $21.98.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 21st. Stockholders of record on Monday, April 13th were issued a $1.0311 dividend. The ex-dividend date of this dividend was Monday, April 13th. This is an increase from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $0.77.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Company Profile

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.