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

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 2,235 shares, a decline of 86.2% from the September 30th total of 16,210 shares. Based on an average daily volume of 2,689 shares, the short-interest ratio is presently 0.8 days. Approximately 0.7% of the company’s shares are sold short.

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Stock Up 1.4%

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B stock traded up $0.22 during midday trading on Wednesday, hitting $16.03. 310 shares of the stock were exchanged, compared to its average volume of 2,476. The company has a fifty day simple moving average of $16.48 and a two-hundred day simple moving average of $16.85. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 52 week low of $14.49 and a 52 week high of $19.44.

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

The business also recently declared a dividend, which was paid on Wednesday, October 21st. Stockholders of record on Tuesday, October 13th were issued a $0.2099 dividend. This is a boost from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.0505. The ex-dividend date was Tuesday, October 13th.

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.