Short Interest in ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Drops By 89.6%

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 642 shares, a drop of 89.6% from the July 15th total of 6,181 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 62,687 shares, the days-to-cover ratio is currently 0.0 days.

ETRACS Gold Shares Covered Call ETN Stock Up 0.3%

Shares of GLDI stock traded up $0.49 during trading on Wednesday, reaching $149.04. The company’s stock had a trading volume of 71,820 shares, compared to its average volume of 36,293. The business has a fifty day moving average price of $145.65 and a 200-day moving average price of $162.22. The company has a market cap of $149.04 million, a price-to-earnings ratio of 191.13 and a beta of 0.14. ETRACS Gold Shares Covered Call ETN has a one year low of $138.40 and a one year high of $183.61.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Thursday, August 20th will be paid a $1.8496 dividend. This represents a c) annualized dividend and a yield of 14.9%. The ex-dividend date is Thursday, August 20th. This is an increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.59. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is presently 205.19%.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

A hedge fund recently raised its stake in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC lifted its position in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 20.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,079 shares of the company’s stock after purchasing an additional 1,353 shares during the period. Claris Financial LLC owned 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 at the end of the most recent quarter. 36.97% of the stock is currently owned by institutional investors.

ETRACS Gold Shares Covered Call ETN Company Profile

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer. they also have concessions in john lewis stores nationwide and in david jones, australia.