ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Update

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 825 shares, a decline of 94.2% from the April 15th total of 14,269 shares. Based on an average trading volume of 5,680 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the shares of the company are short sold.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Trading Down 3.1%

Shares of BDCX stock traded down $0.65 during mid-day trading on Monday, reaching $20.28. 715 shares of the company’s stock traded hands, compared to its average volume of 3,938. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 12 month low of $17.90 and a 12 month high of $32.41. The firm has a 50 day moving average price of $20.61 and a two-hundred day moving average price of $22.61.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 21st. Stockholders of record on Monday, April 13th were given a dividend of $1.0311 per share. The ex-dividend date of this dividend was Monday, April 13th. This is a positive change from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $0.77.

About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.