ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Short Interest Update

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 4,072 shares, a drop of 49.9% from the May 31st total of 8,123 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 57,433 shares, the days-to-cover ratio is currently 0.1 days.

ETRACS Gold Shares Covered Call ETN Stock Up 1.2%

NASDAQ GLDI traded up $1.67 during trading hours on Tuesday, reaching $142.16. The company’s stock had a trading volume of 23,423 shares, compared to its average volume of 26,088. ETRACS Gold Shares Covered Call ETN has a 1 year low of $138.40 and a 1 year high of $183.61. The company has a market capitalization of $142.16 million, a price-to-earnings ratio of 182.31 and a beta of 0.11. The firm’s 50-day moving average price is $159.06 and its 200-day moving average price is $169.56.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 22nd were given a dividend of $5.5597 per share. The ex-dividend date was Monday, June 22nd. This is an increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $4.43. This represents a c) annualized dividend and a dividend yield of 46.9%. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is 205.19%.

Hedge Funds Weigh In On ETRACS Gold Shares Covered Call ETN

A hedge fund recently bought a new position in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC bought a new stake in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,726 shares of the company’s stock, valued at approximately $1,169,000. Claris Financial LLC owned approximately 0.96% of ETRACS Gold Shares Covered Call ETN as of its most recent filing with the Securities & Exchange Commission. 36.97% of the stock is currently owned by hedge funds and other institutional investors.

About ETRACS Gold Shares Covered Call ETN

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.