ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Down 49.9% in June

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 4,072 shares, a drop of 49.9% from the May 31st total of 8,123 shares. Based on an average trading volume of 57,433 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the company’s shares are sold short.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

An institutional investor recently bought a new position in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC acquired a new position in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,726 shares of the company’s stock, valued at approximately $1,169,000. Claris Financial LLC owned 0.96% of ETRACS Gold Shares Covered Call ETN as of its most recent SEC filing. Institutional investors own 36.97% of the company’s stock.

ETRACS Gold Shares Covered Call ETN Stock Performance

Shares of GLDI stock traded up $2.26 during mid-day trading on Thursday, hitting $143.46. The company’s stock had a trading volume of 59,706 shares, compared to its average volume of 27,100. The company has a market cap of $143.46 million, a PE ratio of 184.18 and a beta of 0.14. The company’s fifty day simple moving average is $157.77 and its 200-day simple moving average is $169.08. ETRACS Gold Shares Covered Call ETN has a 52 week low of $138.40 and a 52 week high of $183.61.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 22nd were paid a dividend of $5.5597 per share. This is an increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $4.43. This represents a c) annualized dividend and a yield of 46.5%. The ex-dividend date of this dividend was Monday, June 22nd. ETRACS Gold Shares Covered Call ETN’s payout ratio is 205.19%.

About ETRACS Gold Shares Covered Call ETN

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer. they also have concessions in john lewis stores nationwide and in david jones, australia.