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) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 18,995 shares, an increase of 429.7% from the July 15th total of 3,586 shares. Based on an average daily trading volume, of 4,563 shares, the short-interest ratio is currently 4.2 days. Currently, 5.9% of the shares of the stock are sold short.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Up 0.2%

Shares of HDLB traded up $0.04 during trading hours on Friday, hitting $17.75. 226 shares of the stock were exchanged, compared to its average volume of 2,713. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 12-month low of $14.49 and a 12-month high of $19.44. The stock’s 50-day moving average price is $16.90 and its two-hundred day moving average price is $17.06.

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

The firm also recently disclosed a dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 12th will be paid a dividend of $0.2083 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This is a boost from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.20.

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.