ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Short Interest Update

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 278 shares, an increase of 61.6% from the December 31st total of 172 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 643 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 643 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

ETRACS 2x Leveraged US Size Factor TR ETN Trading Down 2.8%

IWML stock traded down $0.73 during midday trading on Friday, reaching $25.81. 1,493 shares of the company’s stock traded hands, compared to its average volume of 1,545. The company has a 50-day simple moving average of $25.03 and a two-hundred day simple moving average of $22.88. ETRACS 2x Leveraged US Size Factor TR ETN has a 1-year low of $12.09 and a 1-year high of $28.05.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.