ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) Shares Shorted: Short Interest Down 92.7% in October

ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 456 shares, a drop of 92.7% from the October 15th total of 6,273 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 58,980 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of ETRACS Gold Shares Covered Call ETN

A hedge fund recently raised its position in ETRACS Gold Shares Covered Call ETN stock. Claris Financial LLC raised its stake in shares of ETRACS Gold Shares Covered Call ETN (NASDAQ:GLDI) by 20.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,079 shares of the company’s stock after acquiring an additional 1,353 shares during the quarter. Claris Financial LLC owned approximately 0.81% of ETRACS Gold Shares Covered Call ETN worth $1,341,000 at the end of the most recent reporting period. 36.97% of the stock is owned by institutional investors and hedge funds.

ETRACS Gold Shares Covered Call ETN Stock Down 1.0%

Shares of GLDI stock traded down $1.36 on Wednesday, hitting $135.98. The stock had a trading volume of 9,222 shares, compared to its average volume of 54,059. The business has a 50 day moving average price of $141.71 and a 200 day moving average price of $156.22. The company has a market cap of $135.98 million, a PE ratio of 174.29 and a beta of 0.15. ETRACS Gold Shares Covered Call ETN has a one year low of $131.31 and a one year high of $183.61.

ETRACS Gold Shares Covered Call ETN Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 20th will be issued a $2.6477 dividend. The ex-dividend date is Friday, November 20th. This represents a $31.77 annualized dividend and a dividend yield of 23.4%. This is an increase from ETRACS Gold Shares Covered Call ETN’s previous monthly dividend of $1.9854. ETRACS Gold Shares Covered Call ETN’s dividend payout ratio (DPR) is presently 205.19%.

ETRACS Gold Shares Covered Call ETN Company Profile

luxury british cocoa grower and chocolatier, hotel chocolat, was founded in 2004 to make exciting chocolate with three guiding principles – authenticity, originality and ethics – which remain central to the brand’s success today. with its rabot estate cocoa plantation in saint lucia, a chocolate manufacturing facility in cambridgeshire and stores across the uk and internationally, hotel chocolat occupies a unique space – being able to link all aspects of chocolate from the tree to the consumer. they also have concessions in john lewis stores nationwide and in david jones, australia. in 2011 hotel chocolat opened a boutique hotel in the grounds of rabot estate on saint lucia, which is also home to boucan restaurant and its pioneering menu of ‘cacao cuisine’. in 2013 hotel chocolat opened two cocoa cuisine restaurants inspired by boucan – rabot 1745 in london’s borough market and roast+conch in leeds. both restaurants reconnect the world of cocoa growing with the luxury of eating it. rec