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

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 800 shares, a growth of 100.0% from the May 15th total of 400 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 4,300 shares, the days-to-cover ratio is currently 0.2 days.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Down 2.0%

Shares of ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B stock opened at $15.00 on Monday. The stock’s fifty day moving average is $14.72 and its two-hundred day moving average is $14.56. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 52 week low of $11.31 and a 52 week high of $17.24.

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

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.