ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,406 shares, a drop of 71.0% from the July 30th total of 4,840 shares. Based on an average daily volume of 3,820 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.5% of the shares of the stock are sold short.
ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Stock Performance
Shares of NYSEARCA:BDCX traded up $0.06 on Friday, reaching $21.03. The company’s stock had a trading volume of 40 shares, compared to its average volume of 3,063. The company has a 50-day simple moving average of $20.10 and a 200 day simple moving average of $20.44. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 52-week low of $17.60 and a 52-week high of $28.50.
ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, July 22nd. Investors of record on Tuesday, July 14th were issued a $1.1716 dividend. The ex-dividend date of this dividend was Tuesday, July 14th. This is a positive change from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $1.03.
About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN
The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.
See Also
- Five stocks we like better than ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN and related companies with MarketBeat.com's FREE daily email newsletter.
