ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Short Interest Update

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 16 shares, a decrease of 98.8% from the May 14th total of 1,355 shares. Based on an average daily volume of 1,868 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Price Performance

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B stock traded up $0.48 during trading on Tuesday, hitting $16.29. The stock had a trading volume of 913 shares, compared to its average volume of 2,574. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 1 year low of $14.33 and a 1 year high of $19.44. The stock’s 50 day moving average is $16.56 and its two-hundred day moving average is $16.49.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 12th will be paid a $0.0757 dividend. The ex-dividend date is Friday, June 12th.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Company Profile

The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.