ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Short Interest Update

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 479 shares, a decrease of 71.5% from the June 30th total of 1,683 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 277 shares, the short-interest ratio is presently 1.7 days.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Down 1.0%

Shares of IWFL traded down $0.54 during trading hours on Monday, reaching $53.72. The stock had a trading volume of 28 shares, compared to its average volume of 312. ETRACS 2x Leveraged US Growth Factor TR ETN has a 12 month low of $41.72 and a 12 month high of $65.00. The company’s 50-day moving average is $59.32 and its two-hundred day moving average is $55.22.

ETRACS 2x Leveraged US Growth Factor TR ETN Company Profile

The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.