Short Interest in ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Drops By 58.3%

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 334 shares, a decrease of 58.3% from the May 31st total of 801 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,035 shares, the short-interest ratio is currently 0.3 days.

ETRACS 2x Leveraged US Size Factor TR ETN Trading Down 0.3%

NYSEARCA:IWML traded down $0.09 during mid-day trading on Monday, hitting $33.10. The stock had a trading volume of 187 shares, compared to its average volume of 804. The company has a 50 day simple moving average of $30.56 and a 200-day simple moving average of $27.12. ETRACS 2x Leveraged US Size Factor TR ETN has a 52 week low of $18.14 and a 52 week high of $37.81.

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.