ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Short Interest Update

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLBGet Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,355 shares, a growth of 1,255.0% from the April 30th total of 100 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,984 shares, the days-to-cover ratio is currently 0.7 days.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Price Performance

Shares of ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B stock traded down $0.34 during midday trading on Friday, hitting $16.21. 3,859 shares of the company were exchanged, compared to its average volume of 2,227. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 52 week low of $14.33 and a 52 week high of $19.44. The firm has a 50 day simple moving average of $16.74 and a 200-day simple moving average of $16.46.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 13th were given a dividend of $0.2139 per share. This is a boost from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.17. The ex-dividend date was Wednesday, May 13th.

About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

(Get Free Report)

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.

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