ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (NYSEARCA:HDLB – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 18,995 shares, an increase of 429.7% from the July 15th total of 3,586 shares. Based on an average trading volume of 4,563 shares, the short-interest ratio is presently 4.2 days. Currently, 5.9% of the shares of the company are short sold.
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Trading Down 0.6%
Shares of NYSEARCA:HDLB traded down $0.10 during midday trading on Wednesday, hitting $17.17. The company had a trading volume of 2,303 shares, compared to its average volume of 2,741. ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B has a 12-month low of $14.49 and a 12-month high of $19.44. The company has a fifty day moving average of $16.81 and a two-hundred day moving average of $17.03.
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th will be issued a dividend of $0.2083 per share. This is a boost from ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B’s previous dividend of $0.20. The ex-dividend date of this dividend is Wednesday, August 12th.
About ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B
The ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks 2x leveraged exposure to an index, compounded monthly, of 40 stocks that have been culled from a list of the 1,000 largest US firms based primarily on high dividends and low volatility. HDLB was launched on Oct 24, 2019 and is issued by ETRACS.
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