ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) Short Interest Update

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (NYSEARCA:BDCX) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,406 shares, a drop of 71.0% from the July 30th total of 4,840 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 3,820 shares, the short-interest ratio is presently 0.4 days.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Stock Performance

NYSEARCA BDCX traded up $0.01 on Thursday, reaching $20.98. The stock had a trading volume of 219 shares, compared to its average volume of 3,081. The firm has a fifty day moving average of $20.04 and a two-hundred day moving average of $20.44. ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN has a 1-year low of $17.60 and a 1-year high of $28.50.

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 22nd. Investors of record on Tuesday, July 14th were paid a $1.1716 dividend. This is a boost from ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN’s previous dividend of $1.03. The ex-dividend date was Tuesday, July 14th.

About ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN

The ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US. BDCX was launched on Jun 2, 2020 and is issued by ETRACS.