Short Interest in ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB) Declines By 95.3%

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLBGet Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 100 shares, a decline of 95.3% from the April 15th total of 2,108 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,311 shares, the days-to-cover ratio is presently 0.1 days.

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

Shares of NYSEARCA:HDLB traded down $0.24 during trading on Monday, hitting $16.33. 1,470 shares of the company were exchanged, compared to its average volume of 2,295. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 12-month low of $14.33 and a 12-month high of $19.44. The firm’s 50 day moving average price is $17.22 and its 200-day moving average price is $16.36.

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

The business also recently disclosed a dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.2139 per share. The ex-dividend date is Wednesday, May 13th. This is a boost from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.17.

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

(Get Free Report)

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.

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