ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) Short Interest Down 66.4% in May

ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDLGet Free Report) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 125 shares, a decrease of 66.4% from the May 14th total of 372 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 65 shares, the short-interest ratio is currently 1.9 days.

ETRACS 2x Leveraged US Value Factor TR ETN Stock Performance

NYSEARCA:IWDL opened at $58.97 on Thursday. The company’s 50-day moving average is $56.55 and its two-hundred day moving average is $52.55. ETRACS 2x Leveraged US Value Factor TR ETN has a 12-month low of $39.40 and a 12-month high of $61.58.

ETRACS 2x Leveraged US Value Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.

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