ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 7,365 shares, a growth of 395.0% from the August 15th total of 1,488 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,761 shares, the days-to-cover ratio is presently 0.5 days.
ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Stock Performance
ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B stock traded up $0.07 during midday trading on Friday, reaching $3.96. The company’s stock had a trading volume of 7,881 shares, compared to its average volume of 21,491. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 52 week low of $3.36 and a 52 week high of $4.92. The business has a 50-day moving average price of $4.14 and a 200-day moving average price of $3.95.
ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Monday, September 14th will be paid a $0.0467 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 14.2%. The ex-dividend date is Monday, September 14th. This is an increase from ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B’s previous monthly dividend of $0.03.
ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Company Profile
The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.
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