ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Short Interest Update

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFLGet Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 206 shares, a drop of 34.2% from the May 31st total of 313 shares. Based on an average daily volume of 275 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

ETRACS 2x Leveraged US Growth Factor TR ETN Price Performance

NYSEARCA:IWFL opened at $59.74 on Thursday. ETRACS 2x Leveraged US Growth Factor TR ETN has a 12-month low of $41.72 and a 12-month high of $65.00. The stock’s 50 day simple moving average is $59.47 and its 200-day simple moving average is $55.16.

About ETRACS 2x Leveraged US Growth Factor TR ETN

(Get Free Report)

The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.

Recommended Stories

Receive News & Ratings for ETRACS 2x Leveraged US Growth Factor TR ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS 2x Leveraged US Growth Factor TR ETN and related companies with MarketBeat.com's FREE daily email newsletter.