ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) Short Interest Up ∞ in June

ETRACS MarketVector Business Development Companies Liquid Index ETN (NYSEARCA:BDCZ) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 213 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 2,096 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

ETRACS MarketVector Business Development Companies Liquid Index ETN Price Performance

Shares of NYSEARCA BDCZ opened at $14.70 on Thursday. ETRACS MarketVector Business Development Companies Liquid Index ETN has a fifty-two week low of $12.92 and a fifty-two week high of $19.60. The stock’s 50-day simple moving average is $14.92 and its 200-day simple moving average is $15.44.

ETRACS MarketVector Business Development Companies Liquid Index ETN Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, July 14th will be paid a dividend of $0.5323 per share. The ex-dividend date is Tuesday, July 14th. This represents a $2.13 annualized dividend and a yield of 14.5%. This is an increase from ETRACS MarketVector Business Development Companies Liquid Index ETN’s previous quarterly dividend of $0.45.

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.