ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Down 85.7% in February

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 4 shares, a decrease of 85.7% from the January 29th total of 28 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,589 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 1,589 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Trading Up 2.6%

BDCX stock traded up $0.54 during mid-day trading on Wednesday, hitting $21.69. 1,039 shares of the company were exchanged, compared to its average volume of 3,182. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 1-year low of $20.56 and a 1-year high of $34.01. The business has a 50 day simple moving average of $23.41 and a 200-day simple moving average of $24.72.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 22nd. Investors of record on Tuesday, January 13th were paid a $0.7664 dividend. The ex-dividend date was Tuesday, January 13th.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Company Profile

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.