Short Interest in ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Declines By 33.3%

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 200 shares, a drop of 33.3% from the June 30th total of 300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,300 shares, the short-interest ratio is currently 0.2 days.

ETRACS MarketVector Business Development Companies Liquid Index ETN Price Performance

Shares of BDCZ stock opened at $18.53 on Wednesday. ETRACS MarketVector Business Development Companies Liquid Index ETN has a 12-month low of $16.31 and a 12-month high of $20.42. The firm has a 50-day moving average price of $18.45 and a 200 day moving average price of $18.66.

ETRACS MarketVector Business Development Companies Liquid Index ETN Company Profile

The ETRACS MarketVector Business Development Companies Liquid Index ETN (BDCZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of at least 25 companies invested in the initial growth stages of small firms. BDCZ was launched on Oct 8, 2015 and is issued by ETRACS.