ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) Short Interest Up 36.4% in May

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B (NYSEARCA:SMHB) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 1,500 shares, a growth of 36.4% from the May 15th total of 1,100 shares. Based on an average trading volume of 61,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B Trading Up 0.2%

Shares of ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B stock opened at $4.35 on Thursday. The business’s fifty day simple moving average is $4.07 and its 200 day simple moving average is $4.77. ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B has a 12 month low of $3.17 and a 12 month high of $6.66.

About ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities. SMHB was launched on Nov 8, 2018 and is issued by ETRACS.