ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Short Interest Up 162.0% in April

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 262 shares, a growth of 162.0% from the April 15th total of 100 shares. Based on an average trading volume of 1,250 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

ETRACS 2x Leveraged US Size Factor TR ETN Trading Down 4.4%

Shares of NYSEARCA:IWML opened at $29.11 on Friday. ETRACS 2x Leveraged US Size Factor TR ETN has a 1 year low of $16.50 and a 1 year high of $31.01. The firm has a fifty day moving average price of $26.25 and a 200 day moving average price of $25.31.

About ETRACS 2x Leveraged US Size Factor TR ETN

The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.