ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Update

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 306 shares, a decrease of 12.3% from the December 31st total of 349 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 7,224 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 7,224 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are sold short.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Stock Down 2.5%

BDCX stock opened at $22.82 on Tuesday. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a one year low of $21.22 and a one year high of $34.77. The company has a 50 day moving average price of $24.35 and a two-hundred day moving average price of $25.51.

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

The firm also recently disclosed a dividend, which was paid on Thursday, January 22nd. Stockholders of record on Tuesday, January 13th were given a $0.7664 dividend. The ex-dividend date of this dividend 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.