ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL – Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 224 shares, a drop of 69.4% from the April 30th total of 732 shares. Based on an average trading volume of 55 shares, the short-interest ratio is currently 4.1 days. Approximately 0.2% of the company’s shares are short sold.
ETRACS 2x Leveraged US Growth Factor TR ETN Price Performance
Shares of IWFL traded up $0.73 during trading on Friday, reaching $64.13. 390 shares of the company traded hands, compared to its average volume of 266. ETRACS 2x Leveraged US Growth Factor TR ETN has a twelve month low of $41.72 and a twelve month high of $64.13. The stock has a 50-day simple moving average of $54.49 and a 200-day simple moving average of $54.91.
About ETRACS 2x Leveraged US Growth Factor TR ETN
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