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

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 4,253 shares, an increase of 26,481.2% from the May 31st total of 16 shares. Based on an average daily volume of 6,073 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.3% of the company’s stock are sold short.

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

Shares of ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B stock traded up $0.29 on Thursday, hitting $16.37. 5,103 shares of the company’s stock traded hands, compared to its average volume of 2,682. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 52-week low of $14.33 and a 52-week high of $19.44. The firm’s 50-day moving average is $16.34 and its 200 day moving average is $16.55.

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

The business also recently disclosed a dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Friday, June 12th were paid a dividend of $0.0757 per share. The ex-dividend date was Friday, June 12th.

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. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.