ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Update

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 6,181 shares, an increase of 92.4% from the June 30th total of 3,213 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 52,159 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

A hedge fund recently bought a new position in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC bought a new position in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,726 shares of the company’s stock, valued at approximately $1,169,000. Claris Financial LLC owned approximately 0.96% of ETRACS Gold Shares Covered Call ETN at the end of the most recent reporting period. Institutional investors own 36.97% of the company’s stock.

ETRACS Gold Shares Covered Call ETN Price Performance

Shares of GLDI opened at $140.91 on Thursday. The stock has a market cap of $140.91 million, a PE ratio of 180.71 and a beta of 0.14. The firm has a 50-day simple moving average of $148.39 and a two-hundred day simple moving average of $164.39. ETRACS Gold Shares Covered Call ETN has a 1-year low of $138.40 and a 1-year high of $183.61.

ETRACS Gold Shares Covered Call ETN Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 27th. Stockholders of record on Wednesday, July 22nd were given a dividend of $1.5878 per share. This represents a c) annualized dividend and a dividend yield of 13.5%. The ex-dividend date was Wednesday, July 22nd. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is currently 205.19%.

ETRACS Gold Shares Covered Call ETN Company Profile

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.