ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Short Interest Update

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 262 shares, an increase of 162.0% from the April 15th total of 100 shares. Based on an average daily trading volume, of 1,250 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

ETRACS 2x Leveraged US Size Factor TR ETN Price Performance

NYSEARCA:IWML traded down $1.35 during trading hours on Friday, hitting $29.11. 342 shares of the stock were exchanged, compared to its average volume of 843. ETRACS 2x Leveraged US Size Factor TR ETN has a 52-week low of $16.50 and a 52-week high of $31.01. The firm’s fifty day moving average price is $26.25 and its 200 day moving average price is $25.31.

About ETRACS 2x Leveraged US Size Factor TR ETN

The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.